Breaking News on Food and Beverage Processing and PackagingWorldUSEurope

News > Financial

News in brief

Ahlstrom sells vegetable parchment converting assets in Ohio

22-Nov-2013

Ahlstrom is to sell its vegetable parchment converting operations in Ohio to a family-owned company.

Ahlstrom and West Carrollton Parchment and Converting will establish a supply agreement for vegetable parchment paper, primarily used in food packaging.

70 employees at the West Carrollton plant will transfer to the Ohio-based firm and the deal is expected to be completed by the end of the year.

Ahlstrom will book a non-recurring cost of €1.3m in its fourth-quarter 2013 financial results.

The firm’s Food and Medical business area will continue to operate nine production plants in France, UK, USA, India, China and Finland.

Key Industry Events

 

Access all events listing

Our events, Events from partners...

On demand Supplier Webinars

High Pressure Processing for Beverages
Avure Technologies
Bottling solution for Liquid dairy products
GEA Process Engineering Inc.
All supplier webinars