Arctic Paper’s acquisition of Grycksbo completed
Grycksbo mill, located in the region of Dalecarlia, Sweden, has an annual production capacity of 265,000 tons of coated fine paper. The paper is sold under the mill’s own brand, G-Print, and since last year, also in part under the brand Arctic.“This acquisition is of great strategic importance for Arctic Paper”, says Michal Jarczynski, CEO of Arctic Paper SA. “The acquisition of Grycksbo Paper will significantly strengthen our market position and allow us to leap ahead in European market share. Our total production capacity will increase with almost 50 percent.”“Through the acquisition of Grycksbo Paper, we are expanding our portfolio of strong brands. With the brands G-Print and Arctic, Arctic Paper is now offering the market two levels of quality coated paper that complement each other very well,” says Hans Karlander, Sales and Marketing Director at Arctic Paper SA.Mikael Frölander, Managing Director of Grycksbo Paper, has decided to leave the company. New mill manager at Grycksbo is Per Skoglund.In accordance with naming of the other Arctic Paper mills, Grycksbo Paper will in the near future be renamed Arctic Paper Grycksbo.