TAPPI Over The Wire Paper 360
Past Issues | Printer Friendly | TAPPI.org | Advertise | Buyers Guide | Travels with Larry Archive FacebookTwitterLinkedIn

Arjowiggins Sale Terminated

Print Print this Article | Send to Colleague

Sequana’s sale of Arjowiggins’ Graphic and Creative Papers (France) businesses has been canned after the buyer got cold feet as a result of deteriorating market conditions.

Arjowiggins’ parent company Sequana had been in talks to sell the EUR 528 million turnover papermaking businesses to Dutch firm Fineska, which owns graphic cardboard business Eska Group, in a EUR 125 million deal.

Negotiations for the sale began in July 2018 following a competitive bidding process and had been expected to be completed by the end of October 2018.
More information is available in the full Print Week article available online.

Back to TAPPI: Over The Wire

Share Share on Facebook Share on Twitter Share on LinkedIn