Share of Wood & Paper cluster in mutares’ assets increased to 12%

mutares informed that Net Asset Value (NAV) of Wood & Paper segment reached 12.1% as of December 31, 2016. According to the announcement, the cluster’s NAV accounted for EUR 37.2 million out of the total EUR307.9 million .

The development of the company’s portfolio followed acquisitions of Sonoco Paper France (Cenpa)Metsä Wood France and Metsä Board Zander.

About mutares AG:

The company specializes on acquisition of companies, that are being sold in the course of a repositioning process at their owners and that show a clear operational improvement potential.

Source: Woodbizforum