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Grafenia raises £1.1m to continue growth

Grafenia has raised around £1.1m before expenses via a share subscription, which will be used to further expand the business.

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.

Employees approve offer for French Arjo sites ahead of court decision

Employees at the French Arjowiggins sites in administration have agreed to accept an improved offer put forward by Lessebo.

Stora scales back Oulu conversion plan

Stora Enso is consulting with employees over revised plans to convert Oulu Mill to packaging board. The latest proposal would involve shutting one of the site’s paper machines with the potential loss of 400 jobs.

Print farmer back in action with new guises

Yet more customers have been left out of pocket by a print farmer linked to a number of companies that have been struck off.

Arjo UK ops courted by three bidders

Three businesses are now in contention to buy the Creative Papers aspect of Arjowiggins’ UK operations, which is currently in administration.

First News in compostable wrapping first

First News has become the first children’s magazine to move from polywrap to fully compostable wrappers for its subscription copies.

Sequana shares suspended pending admin move, court postpones Arjo decision

The Commercial Court of Nanterre has postponed its decision regarding the offers made by potential buyers for three Arjowiggins’ French sites that are in administration “in order to allow the best industrial, financial and employment solutions to be found”.

Unions call for dialogue with Circle Media

Circle Media Group has reacted to complaints from union representatives on the continent, describing the claims as “unfounded, unsubstantiated and harmful to our businesses”.

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