Announced
Completed
Financials
Sources
Tags
Disposal
paper mill
Majority
Infrastructure
Friendly
Paper
Cross Border
Switzerland
Private
Single Bidder
Acquisition
Completed
Synopsis
The Queck family, a German family of entrepreneurs which already owns several paper producers, completed the acquisition of the paper mill in Niederbipp from Kimberly-Clark, an American multinational personal care corporation that produces mostly paper-based consumer products. Financial terms were not disclosed. Thanks to the sale, the paper mill, which is an important employer in the region, will continue to operate.
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