Ahlstrom completes the divestment of Aspa pulp mill to Sweden Timber
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Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024.
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Sweden Timber is a Swedish-owned company that produces wood, paper, and wood composite products for a global market. The company is looking to broaden its product portfolio by adding pulp production capabilities, which offers a good platform for Aspa to develop.
The divestment is a key step in Ahlstrom's growth transformation journey and allows the group to focus on its specialty materials portfolio.
Company profile: Ahlstrom Corporation, Finland, Helsinki
Company profile: Aspa Pulp AB, Sweden, Aspabruk