Arctic Paper plans to sell plant in Mochenwangen in H2

Paper producer Arctic Paper plans to sell the plant in Mochenwangen, Germany in the second half of 2018, CEO Per Skoglund. He confirmed that the company is holding negotiations with a potential buyer. Arctic Paper expects that the funds obtained from the sale will, first of all, cover the liabilities of the plant.

“We also expect a profit on this transaction, but it is too early to determine its value,” CEO said.

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