Ahlstrom has completed the divestment of its Stenay plant in France to Accursia Capital.

Accursia Capital now operates the Stenay plant under a new brand, Stenpa. The Company, which will be renamed to Stenpa SAS produces specialty paper and has an annual capacity of 55,000 tonnes.

After the maintenance break over the summer, production for the full product range will resume on October 9th. Stenpa will continue to service its existing and prospective new clients. Furthermore, Accursia will pursue several target investments into Stenpa to support the ongoing development and expansion of the product portfolio.

With closing, Matej Kurent will take over the role of CEO of Stenpa and will lead the development of the company going forward by positioning Stenpa as a service-oriented specialty paper manufacturer. This includes the completion of the carve-out, establishing Stenpa as a stand-alone company as well as expanding the customer portfolio and the development of new products.

Ahlstrom is a world leader in combining fibres into sustainable speciality materials.