Weig acquires Buchmann

It has been reported that Weig of Germany is set to take over the failed Buchmann paper group.

The shareholders have ratified the transaction, subject to customary approval.

Buchmann has been up for sale since the final quarter of 2022, employing 330 people producing 280,000 tonnes per annum of board on one board machine. The company produces WLC,  including GD, GT and GD-Liner.

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