Announced
Financials
Sources
Tags
France
specialty papers
production plant
Containers and Packaging
Private
Majority
Cross Border
Pending
Single Bidder
Acquisition
Infrastructure
Private Equity
Friendly
Synopsis
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.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.