Ahlstrom Receives Binding Acquisition Offer for Stenay Plant from Accursia Capital

Ahlstrom Receives Binding Acquisition Offer for Stenay Plant from Accursia Capital

(IN BRIEF) Ahlstrom, a global leader in sustainable specialty materials, has received a binding offer from Accursia Capital to acquire its Stenay plant in France. The offer comes after Ahlstrom launched a consultation process with employee representatives to potentially divest the plant. The acquisition is subject to consultation with employee representatives, and Ahlstrom is committed to supporting a positive outcome for all parties involved during the transition.

(PRESS RELEASE) HELSINKI, 25-Jul-2023 — /EuropaWire/ — In March 2023, Ahlstrom launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure.

After a long process to identify potential buyers, Ahlstrom has received a binding offer from Accursia Capital to acquire the Stenay plant. The potential acquisition is subject to consultation with employee representatives.

Since the beginning of the consultation period, finding a buyer has been Ahlstrom’s priority. The group has been working actively with all the local economic and political stakeholders in the area to support the process of finding a buyer.

With a strong commitment to achieving a positive outcome for all parties involved, Ahlstrom would be dedicated to making every effort during the transition to ensure the plant successfully enters its new chapter.

Ahlstrom in brief

Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. Our vision is to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. We serve five growing and distinctive end markets, which form the basis for our five divisions: Filtration, Food & Consumer Packaging, Healthcare, Building Materials, and Technical Materials. Our net sales in 2022 for continuing operations amounted to EUR 3.3 billion and we employ some 7,000 people. Read more at www.ahlstrom.com

Media Contact:

Katja Ollila
VP, Group Marketing and Communications
katja.ollila@ahlstrom.com
tel. +358 44 517 0891

SOURCE: AHLSTROM