As anticipated on 15 February 2017 when the preventive (sauvegarde) procedure was opened, Sequana announces that the commercial court has now approved its preventive (sauvegarde) plan, thus bringing an end to the preventive procedure. Sequana will still benefit from the court’s protection following this decision.
Antalis International was listed on the stock exchange on 12 June 2017, in accordance with the measures announced by Sequana on 15 February 2017. The market reacted positively to this operation.
Sequana is a major player in the paper industry, boasting leading positions in each of its two businesses: in the distribution of paper and packaging products, with around 5,700 employees based in 43 countries.
