Finnish Paper Firm Ahlstrom-Munksjö To Buy US's Expera
Finnish specialty paper-maker Ahlstrom-Munksjö has agreed to buy US firm Expera from KPS Capital Partners for $615 million, the companies said.
"This transaction is complementary in terms of geography and product offering, it improves our customer service capability," Ahlstrom CEO Hans Sohlstrom told Reuters by telephone.
Expera's products include fast-food wrapping papers, popcorn bags and muffin cups, as well as backings for tape applications.
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