Mayr Melnhof Karton to acquire Södra's Follafoss mill
2012-12-20 Södra and Mayr Melnhof Karton have signed a Letter of Intent where Mayr Melnhof Karton intends to purchase 100% of the shares in Södra Cell Folla AS and thereby take over Södra's pulp mill in Follafoss.
Mayr Melnhof Karton intends to resume operations at Folla as soon as
possible, hopefully early in 2013. The parties' intention is to close
the deal during the first quarter of next year.
Södra's pulp mill in Follafoss, Norway, has a capacity of 105,000 tpy
of CTMP pulp. Södra announced its intention to divest the mill earlier
this year.