Accursia Capital aims to develop the Stenay plant in order to guarantee its long-term future and, consequently, secure the jobs of its employees, the company said in a press release.
“We are delighted to announce this positive outcome for the future of our Stenay plant, its employees and the community of Stenay. This would not have been possible without the role of our team on site and the collaboration of all stakeholders. A new chapter in the plant’s history starts now with Accursia Capital,” said Mark Ushpol, EVP, food and consumer packaging division.
“This acquisition is part of a long-term investment strategy aimed at making Stenay a leading player in the highly competitive paper-based packaging market. We therefore look forward to developing the business of the Stenay site in collaboration with the employees,” said Martin Scheiblegger, managing director of Accursia Capital.
Fibre2Fashion News Desk (RR)