Metsä Board negotiates to divest the Alizay mill site
Dec 12, 2012. Metsä Board Corporation, part of Metsä Group, announced in March 2012 the start of a voluntary reindustrialization project in Alizay mill in France. Negotiations regarding the divestment of the land, buildings and machinery of the Alizay mill have proceeded, but unlike discussed in certain public medias, an agreement on the divestment has not been signed.
Dec 12, 2012. /Lesprom Network/. Metsä Board Corporation, part of Metsä Group, announced in March 2012 the start of a voluntary reindustrialization project in Alizay mill in France. The project is carried out jointly by Metsä Board, workers’ representatives and local authorities, as the company said in the press release received by Lesprom Network.
Negotiations regarding the divestment of the land, buildings and machinery of the Alizay mill have proceeded, but unlike discussed in certain public medias, an agreement on the divestment has not been signed. If the negotiations proceed well, it is possible that the arrangement will materialize by year end. This will be announced separately.
Metsä Board permanently closed down the Alizay site in early 2012 as part of the group’s strategic transformation from a fine paper company to a paperboard company.
Metsä Board is Europe’s leading producer of fresh forest fibre cartonboards, the world’s leading manufacturer of coated white-top kraftliners, and a major paper supplier.