Nonwovens News

Ahlstrom Completes Mill Divestment

Aspa pulp mill now owned by Sweden Timber

Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on October 14, 2024.

Sweden Timber is a Swedish-owned company that produces wood, paper, and wood composite products for a global market. The company is looking to broaden its product portfolio by adding pulp production capabilities, which offers a good platform for Aspa to develop.

The divestment is a key step in Ahlstrom’s growth transformation journey and allows the group to focus on its specialty materials portfolio.

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