Nip Impressions logo
Thu, Mar 28, 2024 06:28
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Nordic Paper will be acquired by Anhui Shanying Paper

SWEDEN -- A China-based pulp and paper company, Anhui Shanying Paper Industry Co., LTD, has entered into an agreement to acquire 100 % of the shares in Nordic Paper Holding AB from Special Situation Venture Partner lll and Petek GmbH.

The new owner, Anhui Shanying Paper, is a part of Taison Group. The company is listed at the Shanghai Stock Exchange since 2001.

Anhui Shanying Paper has communicated to the stock market its intention to expand and diversify, both in terms of product portfolio and geographically. Today its core business consists of recycled fibre trading, kraft paper manufacturing, packaging, design, printing and logistics.

Nordic Paper will remain as an independent European pulp and paper company and there will be no changes regarding the business or operations at the moment. The transaction is subject to approvals by relevant Chinese authorities as well as the shareholders' meeting of Anhui Shanying Paper.

Nordic Paper is a leading Swedish-based producer of kraft and greaseproof paper. Three of Nordic Paper's mills are located in Sweden, and the fourth one in Norway.

****

Jim Thompson is back again...with a new book on a taboo subject: the personalities in the pulp & paper industry. Jim has written in the past on many subjects based on his four plus decades in the worldwide pulp and paper industry. This new book is packed full of information valuable to the senior member of the industry as well as the recent entrant. A must for every pulp and paper library.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: