Expera is among the leading specialty-paper producers in North America with four paper mills located in the state of Wisconsin.
Hans Sohlström, president/CEO of Ahlstrom‐Munksjö, says, “This acquisition is a major step in the execution of our strategy. It will further strengthen our position in fiber based materials and enable us to offer more value to our customers, particularly in North America, but also around the world. We have complementary capabilities and can create further value through joint product development and sharing of best practices. Finally, I would like to welcome Expera’s personnel to Ahlstrom‐Munksjö.”
Russ Wanke, former president/CEO of Expera, has been appointed exec vp-North America Specialty Solutions and a member of Ahlstrom‐Munksjö’s Executive Management Team. “Our companies are stronger together. We share a deep papermaking history with customer‐focused values,” Wanke adds. “As a larger Ahlstrom‐Munksjö, the combined resources will allow us to better serve our customers, and in doing so promote continued revenue growth and customer, end‐application, and geographic diversification.”
Expera will be consolidated as part of Ahlstrom‐Munksjö from today onward with more detailed information on the impact of the acquisition to its consolidated accounts in Ahlstrom‐Munksjö’s 2018 Q4 report.
More info: www.expera.com