Ahlstr m omistajaksi italialaiseen paperiteht

Article Abstract:

The consortium of three Italian banks and Finnish Ahlstr m Paper Group will buy the Italian Ascol paper mill. According to Ahlstr m, the change of ownership will secure the continuance of the mill's operations as supplier of printing paper and one-side coated packaging paper. The new owners are planning investments to strengthen the market position of the mill. Ahlstr m owns 40% of the company and the Italian banks a total of 60%.

Comment:

Part of consortium of 3 Italian banks to acquire Ascol paper mill & to invest to strengthen Ahlstrom's market position

Acquisitions & mergers, Article, Ascol, Ahlstrom Paper Group

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Germany: Hamburger subsidies in EU investigation

Article Abstract:

The European Commission is to investigate subsidies of EUR 54mn granted to paper maker Hamburger for a mill in Brandenburg.

Government expenditures, Germany, European Union. European Commission

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ITALY: ATI CARTA BOUGHT BY RENO DE MEDICI

Article Abstract:

Ati Carta, paper-making subsidiary of the Italian state-owned tobacco company Eti, has been bought by the paper maker Reno De Medici.

Converted paper products, not elsewhere classified, All Other Converted Paper Product Manufacturing, Converted Paper NEC, Paper products industry, Paper products

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