# Fineska agrees to buy Arjowiggins specialty paper units from Sequana

Fineska B.V. agreed to acquire Arjowiggins Papiers Couches/Arjowiggins Creative Papers from Sequana SA for EUR 125 million, with net proceeds to Sequana around EUR 20 million. Completion is expected by the end of October 2018.

- Type: Acquisition
- Announced: 2018-07-08
- Where: France
- Value: $146.3M (125.0M EUR)
- Status: announced
- Products: coated and creative papers

## Companies

- [Fineska B.V.](https://endata.com/companies/3559.md) (acquirer)
- [Arjowiggins Papiers Couches/Arjowiggins Creative Papers](https://endata.com/companies/3560.md) (target)
- [Sequana](https://endata.com/companies/3561.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SEQUANA-11938423/news/Fineska-B-V-agreed-to-acquire-Arjowiggins-Papiers-Couches-Arjowiggins-Creative-Papers-SAS-from-Seq-34655218/), 2018-07-08: "Fineska B.V. agreed to acquire Arjowiggins Papiers Couches/Arjowiggins Creative Papers SAS from Sequana SA (ENXTPA:SEQ) for €125 million on July 9, 2018."

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