M-real Corporation is divesting its Reflex mill’s Premium Paper business to Walzmühle AG that is owned by Hahnemühle FineArt GmbH.
The divestment includes the complete Premium Paper business and related assets as well as approximately 100 of M-real’s employees.
Premium Paper products are used in high-quality graphical end-uses, such as letterhead, brochures, books, calendars and envelopes.
The divestment is expected to be closed during 1Q 2012.