Prinzhorn to acquire 50% stake in Russia's SFT Group

Austria's Prinzhorn Group has signed an agreement to buy a 50% stake in Russian paper and corrugated packaging maker SFT Group, which will become a joint venture. The deal is subject to regulatory approval and its value was not disclosed.

“SFT will become a joint venture company with Prinzhorn group holding 50 % of the shares.”euwid-paper.com

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• euwid-paper.comPrinzhorn to acquire 50% stake in Russia's SFT - EUWID Pulp and PaperApr 23, 2019

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