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Sequana refutes illicit funds movements

Sequana has denied allegations made by lawyers representing employees at Arjowiggins’ Papiers Couchés and Le Bourray operations that accused the group of moving around €20m (£17.3m) illicitly.

UPM culls coated mechanical machine

UPM plans to take out around 155,000 tonnes of magazine paper capacity by closing down a paper machine at its Plattling mill in Bavaria.

UK staff at Arjowiggins Graphic laid off

The failure of the biggest Arjowiggins mill in France has resulted in knock-on job losses in the UK.

Largest French Arjo mill to liquidate as two more sold on

The Arjowiggins site in Bessé-sur-Braye will go into liquidation, leading to the loss of 580 jobs, while a sale has been agreed for the Château-Thierry plant alongside a partial sale of the Bourray operation.

Antalis sales and profits slip

Paper merchanting group Antalis has posted its year-end results, with a perfect storm of Brexit uncertainty, currency fluctuations and declining paper volumes heavily impacting profitability.

Arjo UK admins now working with preferred bidder

Administrators at the Arjowiggins UK operations are working with a preferred bidder for a large part of the business and hope to conclude a deal next month.

French Arjo staff doubt successful sale amid court delays

Arjowiggins staff at the paper manufacturer’s French plants continue to await a decision on the sale of the business, as the court delays its decision once again.

Antalis MD speaks out on Sequana/Arjo situation

Antalis is “driving the process” of selling on major shareholder Sequana’s shares as the paper group files for bankruptcy and long-time supplier Arjowiggins goes into administration.

Sequana files for bankruptcy over contested fine

Sequana’s safeguarding procedure has been converted into bankruptcy as the Commercial Court of Nanterre has passed down its decision.

Arjo admin reports reveal full scope of debt

Arjowiggins is handing over weekly payments to keep the lights on at its UK mills to offset a £1.2m debt to its energy provider, according to documents filed by the administrators that also highlight a complex financial picture.

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