Europa

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the records achieved in FY2022, I am pleased that we have been able to deliver a satisfactory set of results under particularly difficult circumstances with an EBITDA excluding special items of US$731 million for the year ended September 2023.”

Sappi Limited announced today that it has concluded an agreement with AURELIUS Investment Lux One S.à.r.l. (“AURELIUS”) regarding the divesture of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the “Transaction”).

With the increased global push for environmentally friendly and sustainable paper-based packaging solutions, Sappi has made great strides in developing breakthrough proprietary barrier technology to offer new opportunities to satisfy this need.

Sappi Limited, a leading global producer of dissolving pulp, speciality and packaging papers, graphic paper and biomaterials, today announced that it had signed an agreement to acquire the 270,000 tons per year Matane high yield hardwood pulp mill from Rayonier Advanced Materials for US$175 million.

Sappi announced today the closing of the offering of €300 million 4.500 % sustainability-linked senior notes due 2032 by its subsidiary Sappi Papier Holding GmbH (“SPH”).

Sappi Europe will increase prices for its Speciality products by 8% effective on deliveries as from 15 April 2025.

Due to rising input costs, particularly but not only for pulp, Sappi Europe intend to increase prices for Coated and Uncoated Fine Papers by 8% effective from 7 April 2025.

Further to Sappi’s press release on 03 March 2025 in connection with a bond issue, Sappi announced today that it priced Sappi Papier Holding GmbH’s (“SPH”) bond offering to raise €300 million of new sustainability-linked senior notes due 2032 with a coupon of 4.500% per annum.