Ahlstrom, a global leader in sustainable fiber-based specialty materials, announces that it has completed the divestment of its abrasives business unit to Munksjö. The transaction marks a key step on Ahlstrom’s transformation journey to become the preferred sustainable specialty materials company.
Munksjö is a leading international manufacturer of decorative paper solutions, created in 2022 by the separation of Ahlstrom-Munksjö’s décor business. The transaction includes the plant in Arches, France, that Ahlstrom and Munksjö have shared since 2022, together with the abrasives business unit, including all associated operations and personnel. Munksjö’s expertise in high performance paper will serve as a strong foundation for expanding abrasives’ capabilities.