Ahlstrom-Munksjö completes acquisition of Caieiras mill in Brazil

SAO PAULO, Oct. 23, 2018 (PPI Latin America) -Speciality paper producer Ahlstrom-Munksjö has completed the acquisition of MD Papéis' Caieiras mill in Brazil for Euro 98 million ($112.6 million). The company said that the acquisition significantly strengthens its offering in South America and provides further growth opportunities.

Besides the purchase, Ahlstrom-Munksjö stated that it is also investing in its filters plant in Louveira and a further Euro 21 million in its Jacareí mill, both in São Paulo state, in order to improve production efficiency and quality of specialty paper offered in Brazil. The group added that all its mills in the ...

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