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Published in issue 25/2022
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Finnish pulp and paper manufacturer UPM and Austria's Heinzel group have signed a purchase agreement for UPM's Steyrermühl paper and sawmill site in Austria. Newsprint production is said to continue until the end of 2023 and the...
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Published in issue 14/2022
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The acquistion will accelerate Billerud Korsnäs' growth in North America. Verso common stock ceased trading on the New York Stock Exchange prior to the opening on 31 March, according to Billerud Korsnäs. Sweden’s packaging paper...
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Published in issue 51/2021
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Swedish board and packaging paper producer Billerud Korsnäs has announced its acquisition of US publication and fine paper producer Verso Corporation for a purchase price totalling around $825m. Following completion of the...
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Published in issue 23/2021
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Belgium‘s VPK Group intends to acquire the Alizay fine paper mill in France from Thai paper manufacturer Double A and rebuild it to produce lightweight recycled corrugated case material. According to a joint press release, VPK...
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Production is to be converted to lightweight recycled containerboard. Double A will sell its Alizay fine paper mill in France to Belgian paper and packaging group VPK for an indisclosed price. In addition, VPK will install a...
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Published in issue 22/2021
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Stora Enso announced that it would sell its Sachsen mill in Eilenburg, Germany, to Swiss Model Group for €35m. Model Group will convert the mill, which is producing various specialty newsprint grades and deinked pulp, to the...
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Published in issue 20/2021
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UPM has found a buyer for its Shotton newsprint mill in the UK: Eren Paper Ltd, a subsidiary of packaging paper and corrugated board producer Modern Karton, part of the Turkish Eren Holding group. The transaction is slated to...
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Newsprint production is planned to stop by 30 September this year. UPM announces that it has signed an agreement to sell its Shotton newsprint mill in the UK to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş.,...
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Published in issue 32/2020
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Spanish newsprint producer Papresa is being acquired by investment company Quantum Capital Partners. A Quantum spokesperson confirmed to EUWID that the purchase agreement with the previous owner – US investment fund KKR – was...
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Published in issue 5/2020
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Austrian packaging companies Rondo Ganahl and Goerner Formpack are founding a new joint venture for the manufacture of packaging made from paper-based moulded pulp components and corrugated board. EUWID was told that each of the...
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