Metsä Tissue Completes Divestment of its Napkin Business to Mutares Group

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Metsä Tissue, part of Metsä Group, announced on December 23, 2019, that it has agreed to divest its napkin business to keeeper Group, which is part of Mutares Group. The transaction includes the real estate, machinery and equipment and warehouses at the Stotzheim mill in Germany as well as the Fasana and Mondial brands. The transaction was completed on February 29.

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