Mitsubishi HiTec Paper Europe has completed sale of Flensburg paper mill in Germany to Timber QCP, an associated company of Quantum Capital Partners

Sample article from our Pulp & Paper Industry

September 5, 2023 (press release) –


We hereby announce that the transaction as described in title has been successfully closed as follows.

1. Description

Mitsubishi HiTec Paper Europe GmbH (MPE) has transferred the business of MPE’s Flensburg Mill to a newly prepared company (“NewCo”) through a spin-off, and then sold all of the NewCo’s shares to Timber QCP GmbH, an associated company of Quantum Capital Partners GmbH

2. Closing Date

September 1st, 2023(German time)

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