# Munksjö and Ahlstrom to merge, creating global fiber-based solutions leader

Munksjö Oyj and Ahlstrom Corporation will combine through a statutory absorption merger, creating a global leader in sustainable fiber-based solutions with combined annual net sales of approximately €2.2 billion and about 6,200 employees.

- Type: Acquisition
- Announced: 2016-11-07
- Where: Finland
- Status: announced
- Products: fiber-based solutions
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ahlstrom](https://endata.com/companies/624.md)
- [Munksjö Oyj](https://endata.com/companies/19578.md)
- [Ahlstrom](https://endata.com/companies/624.md) (target)
- [Munksjö Oyj](https://endata.com/companies/19578.md) (acquirer)

## Sources

- [ahlstrom.com](https://www.ahlstrom.com/Media/releases/stock-exchange-releases2/2016/munksjo-and-ahlstrom-to-combine-creating-a-global-leader-in-sustainable-and-innovative-fiber-based-solutions/), 2016-11-07: "The combination will create a global leader in sustainable and innovative fiber-based solutions with preliminary combined annual net sales of approximately EUR 2.2 billion."
- [transformers-magazine.com](https://transformers-magazine.com/tag/news/page/3/), 2016-11-10: "Finnish fibre-based materials company Ahlstrom and Swedish-headquartered specialty paper producer Munksjö have announced the combination of the two companies through a merger, creating a global provider of sustainable and innovative fiber-based solutions."

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