UPM
has completed the sale of its closed Papierfabrik Albbruck GmbH to the German
Karl Group. UPM permanently ceased graphic paper production at the mill
situated in Baden-Württemberg, Germany in January 2012.
The
Karl Group, experienced in developing industrial sites, is planning to
establish new businesses on the premises of the former paper mill within the
next 3 to 5 years in agreement with the local authorities.