Accursia Capital to acquire Stenay plant from Ahlstrom.

Accursia Capital, an investment fund based in Munich that invests in medium-sized industrial companies, agreed to acquire Stenay plant, a plant that produces one-side coated specialty papers for specific uses in the packaging sector, from Ahlstrom, a manufacturer of fiber-based products. Financial terms were not disclosed. "This acquisition is part of a long-term investment strategy aimed at making Stenay a leading player in the highly competitive paper-based packaging market. We therefore look forward to developing the business of the Stenay site in collaboration with the employees," Martin Scheiblegger, Accursia Capital Managing Director.