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Announced

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The Queck family completed the acquisition of the paper mill in Niederbipp from Kimberly-Clark.

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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