NEWS

(04/02/2013 / sha)

SCA: Divestment of Laakirchen mill closed

SCA has now completed the previously announced divestment of the Laakirchen mill in Austria. The Laakirchen mill, producing magazine paper, was sold to Heinzel Group. The closing follows clearance by relevant competition authorities.

The initial purchase consideration is EUR 100 million with a possible maximum additional purchase price of EUR 100 million based on a two-year profit-sharing model.