Sappi has said it will commence a consultation process on the possible closure of its Stockstadt mill in Germany, after a planned sale of the site fell through earlier this year.
Sappi announced that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany, and its Kirkniemi Mill in Finland has not materialized within the agreed timeframe of the contractual agreement and has therefore lapsed.
Sappi Limited announced today that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the “Transaction”) has not materialised within the agreed timeframe of the contractual agreement and therefore the agreement has lapsed.
Sappi s Agreement to Sell European Graphic Paper Mills to Aurelius Group Lapses paperage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paperage.com Daily Mail and Mail on Sunday newspapers.
Sappi Limited announced today that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland has. | April 14, 2023