Ahlstrom will sell its vegetable parchment converting assets to West Carrollton.
Av Redaktionen Papernet
Ahlstrom has signed an agreement to sell the converting operations of its West Carrollton plant in Ohio, USA, to West Carrollton Parchment and Converting, an Ohio-based family-owned company. The parties have agreed not to disclose the value of the deal, which is expected to be completed by the end of 2013. As part of the sale, Ahlstrom and West Carrollton will establish a long-term supply agreement for vegetable parchment paper, which is primarily used in food packaging. Ahlstrom's Food and Medical business area will continue to operate nine production plants in France, United Kingdom, USA, India, China and Finland.