# Sappi to acquire speciality paper business of Cham Paper Group for CHF146.5M

Sappi Limited signed an agreement to acquire the speciality paper business of Cham Paper Group for CHF146.5 million (about $149 million), including mills in Carmignano and Condino, Italy and a digital imaging business in Cham, Switzerland. Completion is expected in Q1 2018, subject to competition approvals.

- Type: Acquisition
- Announced: 2017-12-15
- Where: Carmignano and Condino, Italy
- Value: $149.0M (146.5M CHF)
- Status: announced
- Capacity: 160,000 tons of speciality paper
- Products: speciality paper, packaging paper, digital imaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sappi Limited](https://endata.com/companies/912.md) (acquirer)
- [Cham Paper Group](https://endata.com/companies/2561.md) (target)

## Sources

- [designpackagingnews.com](http://designpackagingnews.com/en/sappi-to-acquire-the-speciality-paper-business-of-cham-paper-group/), 2017-12-15: "The transaction includes the acquisition of CPG's Carmignano and Condino Mills in Italy, its digital imaging business located in Cham, Switzerland as well as all brands and know-how."

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