Crown Van Gelder & Eneco

Metsä Board, part of Metsä Group, purchases from Pohjolan Voima Oyj all the shares in Hämeenkyrön Voima Oy that it owns. Metsä Board has announced its plan to purchase the shares on 27 September 2021. In addition, Metsä Board will purchase from DL Power Oy, part of Leppäkoski Group, all the shares in Hämeenkyrön Voima Oy that it owns. Both transactions have been completed on 1 January 2022, after which Metsä Board will own 100% of Hämeenkyrön Voima Oy. The transaction will not have a significant impact on Metsä Board's key financial figures.

Fedrigoni Group has agreed yet another buy, which will give the business a dominant presence in the worldwide market for premium papers for wine and spirits. The acquisitive Italian group has signed an agreement with Papeterie Zuber Rieder to take over the business, subject to consultation with the French firm’s works council. Papeterie Zuber Rieder was founded in 1881. It employs 130 staff and since the turn of the century has focused its offering on specialty papers for labels, packaging and perfumed cards. Its range includes food grade papers and 'ice bucket proof' labels. Fedrigoni said the buy would create “the first global player in premium papers for wines and spirits”, and Zuber Rieder would benefit from its production capabilities and international network.

The business, a producer of coated woodfree fine papers and packaging board based in Lenningen, initiated insolvency proceedings yesterday (30 January) at the local court of Esslingen. The 340-staff company,…