Ahlstrom receives binding offer from Accursia Capital to acquire Stenay plant in France that has annual capacity of about 55,000 tons of coated specialty papers for packaging use; deal subject to consultation with employee reps for mill's 127 workers

Sample article from our Pulp & Paper Industry

July 24, 2023 (press release) –

 AHLSTROM OYJ PRESS RELEASE JULY 24, 2023 at 12:00 EET

In March 2023, Ahlstrom launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure.

After a long process to identify potential buyers, Ahlstrom has received a binding offer from Accursia Capital to acquire the Stenay plant. The potential acquisition is subject to consultation with employee representatives. 

Since the beginning of the consultation period, finding a buyer has been Ahlstrom’s priority. The group has been working actively with all the local economic and political stakeholders in the area to support the process of finding a buyer.

With a strong commitment to achieving a positive outcome for all parties involved, Ahlstrom would be dedicated to making every effort during the transition to ensure the plant successfully enters its new chapter.

For further information, please contact:

Katja Ollila, VP, Group Marketing and Communications, katja.ollila@ahlstrom.com, tel. +358 44 517 0891 

 

 

 

Ahlstrom in brief
Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. Our vision is to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. We serve five growing and distinctive end markets, which form the basis for our five divisions: Filtration, Food & Consumer Packaging, Healthcare, Building Materials, and Technical Materials. Our net sales in 2022 for continuing operations amounted to EUR 3.3 billion and we employ some 7,000 people. Read more at www.ahlstrom.com

 

 

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