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