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Ahlstrom sells paper business

Ahlstrom has signed an agreement to divest its pre-impregnated decor papers and abrasive paper backings businesses to Perusa, a German-based private equity group.








The enterprise value of the deal is approximately EUR 20 million. Under the terms of the agreement, Ahlstrom's pre-impregnated decor paper and abrasive paper backings businesses in Osnabrück, Germany, will be transferred to an entity held by Perusa Partners Fund 2, a private equity firm advised by Munich-based Perusa GmbH. The parties have also formed a joint venture to operate the power plant and the water facilities for the site, Ahlstrom said.

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