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5 October 2022
Sappi Selling Three European Paper Mills
SOUTH AFRICA—
Realignment of the world's paper business. Sappi has agreed a deal with Aurelius – the investment group that's also buying Agfa's Offset business – to sell Sappi's Maastricht Mill in the Netherlands, Stockstadt Mill in Germany, and its Kirkniemi Mill in Finland. Stockstadt Mill is an integrated pulp and paper mill located in Germany, producing 145,000tpa of pulp which is used to produce 220,000tpa of coated and uncoated woodfree paper mainly sold into the European print market.
Kirkniemi Mill is an integrated pulp and paper mill located in Finland, producing 300,000tpa of bleached mechanical pulp which is used to produce approximately 750,000tpa of a variety of coated mechanical paper grades used in the print publication industry globally. Sappi is one of the worlds largest coated paper mills, headquartered in Johannesburg, South Africa, Sappi has over 12,000 staff, manufacturing facilities on three continents, in ten countries, and customers in over 150 countries worldwide.
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Is one of the worlds largest coated paper mills
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Holland Sappi paper mills being sold to investment bankers
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