M-real's divestment of Hallein pulp mill closed
Sept 2, 2011 M-real Corporation, part of Metsäliitto Group, has on 1 September closed the transaction to divest the entire share capital in M-reals german mill Hallein to the Schweighofer Group.
The signing of the transaction was announced on 30 June 2011. The divestment is expected to reduce M-real’s annual sales by approximately 75 million Euro and improve the operating result by approximately 5 million based on Hallein mill’s actual performance in 2010./KB
