# Sappi and UPM propose €1.42 billion graphic-paper joint venture

South Africa's Sappi and Finland's UPM-Kymmene have submitted proposed remedies to European regulators for their proposed €1.42 billion ($1.6 billion) graphic-paper joint venture. Sappi offered concessions to address competition concerns.

- Type: Partnership
- Announced: 2026-11-07
- Value: $1.60B (1.42B EUR)
- Status: announced
- Products: graphic paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sappi Limited](https://endata.com/companies/912.md) (partner)
- [UPM-Kymmene](https://endata.com/companies/14324.md) (partner)

## Sources

- [africa.businessinsider.com](https://africa.businessinsider.com/local/markets/south-africas-sappi-offers-concessions-to-save-dollar16-billion-transatlantic-merger/4kxt9jr), 2026-11-07: "Sappi and UPM have submitted proposed remedies to European regulators reviewing their €1.42 billion ($1.6 billion) graphic-paper joint venture."

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