Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Ahlstrom Completes Sale of Osnabrück Plant - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

Ahlstrom Completes Sale of Osnabrück Plant

Divestment allows Ahlstrom to develop its other businesses more efficiently

Author Image

By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Ahlstrom has completed the sale of its German subsidiary with operations in Osnabrück to Kämmerer Paper Holding GmbH. The transaction was announced on November 7, 2016. 

Ahlstrom produced base papers for wallcovers, poster papers as well as release liners for self-adhesive labels at the Osnabrück plant, which is part of the Filtration & Performance business area. The sale will reduce Ahlstrom’s annual net sales by about €80 million and the impact on adjusted operating profit is slightly positive. The transaction will also include Ahlstrom’s 50% stake in AK Energie (a joint venture with Kämmerer), which is the site’s utility providing power and water treatment services.

The divestment will allow Ahlstrom to develop its other businesses more efficiently and pursue growth in areas aligned to the company’s strategy.

Kämmerer is a specialty paper company operating two production lines at the same site, producing pre-impregnated decor papers and abrasive paper backings. 

The parties have agreed not to disclose the purchase price of the transaction.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics