Divestment of Laakirchen mill now closed
- Press release
SCA has now completed the previously announced divestment of the Laakirchen mill in Austria.
The Laakirchen mill, producing magazine paper, was sold to Heinzel Group. The closing follows clearance by relevant competition authorities.
The initial purchase consideration is EUR 100m with a possible maximum additional purchase price of EUR 100m based on a two-year profit-sharing model.
The first press release regarding the transaction was published on December 19, 2012.
Stockholm, 2 April, 2013
NB
This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 2 April, 2013, at 16.00 CET.
For additional information please contact:
Johan Karlsson, VP Investor Relations, +46 8 788 51 30
Petter Tiger, Press and Media Officer, +46 8 788 53 62