A Bain Capital-led consortium completed the acquisition of Ahlstrom-Munksjo, a speciality paper maker, with participation from Belgrano Investments, Viknum and Ahlstrom Capital, for $2.45bn. The consortium believes that Ahlstrom-Munksjo, in a private setting, will more effectively manage all above-mentioned initiatives as well as current market challenges as management can devote its full attention to business performance without the constraints imposed by its current balance sheet and the public market. “I consider the offer evidence of the good work we have done and how we have succeeded in creating an attractive business in a world of increasing stakeholder expectations. I am particularly proud how well our organization has performed in this period of intense business transformation and growth. With the support and resources from our new owners, we will have even better opportunities to accelerate strategy implementation and value creation," Hans Sohlstrom, Ahlstrom-Munksjo President and CEO.