Tuesday, May 29, 2012

UPM Sells Albbruck Mill

UPM SELLS CLOSED ALBBRUCK PAPER MILL TO KARL UNTERNEHMENSGRUPPE, GERMANY: UPM and Karl Unternehmensgruppe, Innernzell, Germany have reached an agreement on the sale of the Papierfabrik Albbruck GmbH. The closing of the deal is planned to be effective by the beginning of August 2012. The contract parties have agreed not to disclose the value of the transaction.