# MM Board & Paper to acquire Kwidzyn pulp and paper mill from International Paper

MM Group agreed to acquire International Paper (Poland) Holding, owner of the Kwidzyn integrated pulp and paper mill in Poland, for about EUR 670 million debt- and cash-free, with closing expected in Q3 2021.

- Type: Acquisition
- Announced: 2021-02-12
- Where: Kwidzyn, Poland
- Value: $811.0M (670.0M EUR)
- Status: announced
- Capacity: pulp mill around 400,000 t per year; FBB board machine 260,000 t; MF kraft 75,000 t; UWF copy paper 410,000 t
- Products: cartonboard (FBB), kraft paper, uncoated fine paper, pulp
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [International Paper](https://endata.com/companies/716.md) (partner)
- [MM Group](https://endata.com/companies/7339.md) (acquirer)

## Sources

- [mm.group](https://mm.group/news/board-paper/mayr-melnhof-karton-to-acquire-kwidzyn-poland-mill-from-international-paper/), 2021-02-11: "MM Group has agreed to acquire International Paper (Poland) Holding sp. z.o.o. (“Kwidzyn”) from International Paper for a debt and cash free amount of around EUR 670 million"

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