<iframe src="//www.googletagmanager.com/ns.html?id=GTM-MX3DVL" height="0" width="0" style="display:none;visibility:hidden"></iframe>Pestalozzi advised South African Paper and Pulp Industries on the EUR 750 million share and asset deal on the acquisition of parts of the activities of M-real | Pestalozzi Attorneys at Law

Pestalozzi advised South African Paper and Pulp Industries on the EUR 750 million share and asset deal on the acquisition of parts of the activities of M-real

12.2008

South African Paper and Pulp Industries (Sappi), a worldwide manufacturer of paper and chemical cellulose, acquired the entire coated graphic paper business as well as certain closely related uncoated graphic paper business activities of M-real, a worldwide supplier of paperboard, paper and pulp, who is part of the Metsäliitto Group, a global forest industry group. The transaction was effected both by way of a business sell and by way of a share transfer for a total consideration of EUR 750 million. Pestalozzi acted as local counsel to Sappi.

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