AHLSTROM OYJ PRESS RELEASE 2 OCTOBER 2023 AT 11.00 EEST
Ahlstrom has completed the divestment of its Stenay plant in France to Accursia Capital. The planned transaction was announced on 25 August 2023.
Accursia Capital now operates the Stenay plant under a new brand, Stenpa. Accursia Capital’s aim is to develop the plant further to ensure its long-term future in the competitive paper-based packaging market, securing the jobs of its employees and positively impacting the broader community of Stenay.
For further information:
For media: Katja Ollila, Vice President, Group Marketing and Communications, email@example.com, +358 44 517 0891
For investors: Johan Lindh, Vice President, Investor Relations, firstname.lastname@example.org, +358 10 888 4994
Accursia Capital: Oliver Wuertenberger, Senior Advisor, email@example.com, +49 89 242 1887 700
Ahlstrom in brief
Ahlstrom is a world leader in combining fibres into sustainable speciality materials. Our goal is to purify and protect, with every fibre, for a sustainable world. Our vision is to be the preferred sustainable specialty materials company for all our stakeholders. We serve five distinct and growing end markets, which form the basis of our five divisions: Filtration, Food and Consumer Packaging, Healthcare, Building Materials and Technical Materials. Our 2022 net sales from continuing operations were €3.3 billion and we employ around 7,000 people. To find out more, visit www.ahlstrom.com
Accursia Capital in brief
Accursia Capital is an investment fund based in Munich that invests in medium-sized industrial companies. The investment focus is on companies with significant operational value creation potential. Typical investments include companies with unresolved succession issues, restructuring and turnaround situations, and complex carve-out projects. Accursia Capital pursues a long-term investment approach and intends to complete its investments on a sustainable basis. For more information, please visit http://www.accursia-capital.com