Cases & Deals

Aurelius acquires three European paper mills from Sappi Limited in complex pan-European carve-out transaction

Clients Aurelius

Jones Day is advising Aurelius in the acquisition of three European paper mills from Sappi Limited.

The transaction concerns a complex pan-European carve-out including sites in Maastricht (Netherlands), Stockstadt (Germany) and Kirkniemi (Finland) with over 1,400 full-time employees combined.

The transaction, which will be executed by Aurelius’ co-investment structure, is expected to close in Q1 2023, subject to approval by the relevant competition and regulatory authorities.