Ahlstrom to sell Stenay paper mill in France

Ahlstrom has entered into an agreement to divest its Stenay plant in France to Accursia Capital, following the announcement of Accursia Capital’s binding offer in July. The divestment was confirmed after receiving endorsement from the site’s employee representatives. The transaction is expected to be completed by the end of September.

Accursia Capital aims to develop the Stenay plant in order to guarantee its long-term future and, consequently, secure the jobs of its employees.

Ahlstrom is a global leader in combining fibers into sustainable specialty materials.

Accursia Capital is an investment fund based in Munich that invests in medium-sized industrial companies.

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