Paper Excellence B.V. has sold German-based Papierfabrik Scheufelen GmbH + Co. KG (“Scheufelen”), to a business consortium led by the Schaeff Group located in Schwaebisch Hall, Germany, following a strategic decision to return focus to its pulp activities.

Printing Papers

PaperExcellence sells Papierfabrik Scheufelen to consortium led by the Schaeff Group

May 02, 2016. /Lesprom Network/. Paper Excellence B.V. has sold German-based Papierfabrik Scheufelen GmbH + Co. KG (“Scheufelen”), to a business consortium led by the Schaeff Group located in Schwaebisch Hall, Germany, following a strategic decision to return focus to its pulp activities, as the company said in the press release received by Lesprom Network.

"I am happy that the Scheufelen paper mill is part of a medium-sized group of companies again. I also would like to show my sincere appreciation to the Paper Excellence Group who has been a very supportive shareholder throughout its ownership of the mill,” stated Ulrich Scheufelen who has welcomed the change of ownership.

Scheufelen is a traditional paper mill operating since 1855 in Lenningen, near Stuttgart. It is a producer of high quality coated paper and is the European market leader for coated premium papers.