UPM and Sappi sign definitive agreement for graphic paper joint venture

UPM and Sappi signed a definitive agreement to form a 50/50 graphic paper joint venture combining UPM Communication Papers and Sappi's European graphic paper business. The parties expect about €100 million annual synergies and have secured €600 million of external financing.

“UPM has today signed a definitive agreement to form a graphic paper Joint Venture with Sappi”tools.prnewswire.com

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• tools.prnewswire.comInside information: UPM and Sappi have signed a definitive agreement on the graphic paper Joint VentureMay 28, 2026

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