Ahlstrom completes the divestment of Aspa pulp mill to Sweden Timber

AHLSTROM OYJ, PRESS RELEASE, NOVEMBER 1, 2024 at 15:30 EET

Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024.

Sweden Timber is a Swedish-owned company that produces wood, paper, and wood composite products for a global market. The company is looking to broaden its product portfolio by adding pulp production capabilities, which offers a good platform for Aspa to develop.

The divestment is a key step in Ahlstrom's growth transformation journey and allows the group to focus on its specialty materials portfolio.

For further information, please contact:

Ahlstrom:

For media: Katja Ollila, Vice President, Group Marketing and Communications, katja.ollila@ahlstrom.com, +358 44 517 0891

For investors: Johan Lindh, Vice President, Investor Relations, johan.lindh@ahlstrom.com, +358 10 888 4994

Sweden Timber: 

mikael@swedentimber.se, +46 721 888 688

Ahlstrom in brief 
Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. Our vision is to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. Our three divisions, Filtration and Life Sciences, Food and Consumer Packaging, and Protective Materials, address global trends with safe and sustainable solutions. Our net sales in 2023 amounted to EUR 3.0 billion and we employ some 7,000 people. Read more www.ahlstrom.com    

About Sweden Timber

Sweden Timber is a Swedish owned company that produce wood, paper and woodcomposite products for a global market. The business today consists of sawmills, planning mills, paper mill and production of biocomposite granulate. Production sites are located in Malmbäck, Hjortkvarn, Skillingaryd, Mora and Hyltebruk. More information about Sweden Timber: www.swedentimber.se, www.hyltepaper.com and www.woodcomposite.se.