Ahlstrom-Munksjö acquires 60% stake in Chinese decor paper producer Minglian

Ahlstrom-Munksjö entered an agreement to acquire 60% of Minglian New Materials Technology Co., Ltd., a Chinese decor paper producer, and form a joint venture with a plant in Xingtai, Hebei Province. The transaction is expected to close in Q4 2021.

“By combining Minglian with its existing Decor business, Ahlstrom-Munksjö will create a global leader in decor papers with improved cost competitiveness and strong presence in Europe, Americas and Asia.”texintel.com

• 1 source
• texintel.comA Global Leader In Decor Papers Is Created As Ahlstrom-Munksjö Acquires Majority Shareholding In Chinese Decor Paper Producer Minglian — TEXINTELDebbie MckeeganOct 5, 2021

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