Paper

Arjowiggins staff at the paper manufacturer’s French plants continue to await a decision on the sale of the business, as the court delays its decision once again.

Administrators at the Arjowiggins UK operations are working with a preferred bidder for a large part of the business and hope to conclude a deal next month.

Antalis is “driving the process” of selling on major shareholder Sequana’s shares as the paper group files for bankruptcy and long-time supplier Arjowiggins goes into administration.

Sequana’s safeguarding procedure has been converted into bankruptcy as the Commercial Court of Nanterre has passed down its decision.

Arjowiggins is handing over weekly payments to keep the lights on at its UK mills to offset a £1.2m debt to its energy provider, according to documents filed by the administrators that also highlight...

Employees at the French Arjowiggins sites in administration have agreed to accept an improved offer put forward by Lessebo.

Stora Enso is consulting with employees over revised plans to convert Oulu Mill to packaging board. The latest proposal would involve shutting one of the site’s paper machines with the potential loss...

Three businesses are now in contention to buy the Creative Papers aspect of Arjowiggins’ UK operations, which is currently in administration.

The Commercial Court of Nanterre has postponed its decision regarding the offers made by potential buyers for three Arjowiggins’ French sites that are in administration “in order to allow the best...

The shareholder of the company that has made a bid for three of Arjowiggins’ French paper mills has told PrintWeek he is also interested in two of the UK operations, which are also in administration.