Curtis Fine Papers changes hands

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PPI This Week | 2002年 / 17卷 / 03期
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Industrial management - Paper and pulp mills - Papermaking;
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The management buyout (MBO) team pulled off the takeover of UK's Curtis Fine Papers from the KPS Special Situations Fund. Three members of the Scotland-based producer's management provided the capital for founding shareholders. The funds were secured against the Curtis Fine Papers assets and the MBO team holds 100% of its share capital. Curtis Fine Papers produces about 40,000 tonnes/yr of uncoated fine paper at the two mills.
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