Sappi has acquired M-real’s coated graphic paper business (except its South African business) for €750 mn. The deal includes brands and knowhow, as well as four coated graphic paper mills - at Kirkniemi and Kangas, in Finland, Stockstadt, Germany, and Biberist, Switzerland. The Husum PM8 Mill in Sweden and Äänekoski PM2 Mill in Finland will remain in M-real’s ownership and continue as contract producers for Sappi under supply agreements.
www.sappi.com
