Brigl & Bergmeister has signed an agreement to acquire 100% shares of the Uetersen paper mill from Stora-Enso Group.
With a capacity of 240,000 tons per year, the paper mill, (formerly known as Feldmühle Papierfabrik), manufactures one side coated specialty papers (labels and flexible packaging) as well as high quality ‘two side coated’ graphical paper and board on two paper machines.
The acquisition results in creation of a leading global supplier of specialty papers with an extensive product portfolio. The synergies which can be achieved as a result of this merger will also ensure that Uetersen in Schleswig-Holstein will remain an attractive employer in the region.
In 2011, B&B with its paper mills in Niklasdorf (Austria) and Vevče (Slovenia) was purchased by the Roxcel paper trading group as their first move into the paper production. Meanwhile, the group has acquired the waste to energy company ‘’Enages’’ in 2012, to ensure the secure and environmentally sustainable energy for the paper mill in Niklasdorf. Further investments have been completed in 2013 and also still ongoing in 2014 to improve quality and capacity in both mills. Today, the annual capacity of Niklasdorf is 78,000 tons, and that of Vevče is 120,000 tons of specialty papers. Among the company's customers are printers and convertors mainly supplying the beverage and food industry with high-grade label and packaging papers.
Source: Brigl & Bergmeister
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