Sappi to expand into Switzerland

File: Sappi is to grow its speciality papers business through a deal with the Switzerland-based Cham Paper Group. Photo: Facebook / Sappi

JOHANNESBURG - Paper and pulp group Sappi is to acquire speciality paper assets from the Swiss-based Cham Paper Group for more than R2-billion.

The Cham group produces coated papers used in a variety of applications, including industrial and consumer goods, and digital imaging.


Sappi says the deal will allow it to grow its speciality and packaging paper business.

READ: Sappi cracks it back into JSE top 40 index

The deal is expected to be finalised by the end of April next year.


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