# Progroup takes over Sappi Stockstadt site to build paper plant

Progroup has taken over the Sappi Stockstadt GmbH site in Stockstadt am Main and plans a state-of-the-art corrugated base paper plant with around 200 jobs by the end of the decade. Dismantling of the old Sappi plant is expected to finish by the end of 2026.

- Type: Acquisition
- Announced: 2024-05-08
- Where: Stockstadt am Main, Germany
- Jobs: 200
- Status: completed
- Products: corrugated base paper

## Companies

- [Progroup](https://endata.com/companies/1305.md) (acquirer)
- [Sappi Stockstadt GmbH](https://endata.com/companies/11838.md) (target)

## Sources

- [packaging-journal.de](https://packaging-journal.de/en/progroup-takes-over-sappi-gelaende-stockstadt/), 2024-05-08: "Progroup has now taken over the Sappi Stockstadt GmbH site, marking the first milestone for the new circular economy site in Stockstadt."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.