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Cham Paper Group: Sale stopped

Cham Paper Group

SWITZERLAND. The sale of the Group’s Italian mills in Carmignano and Condino to the Delfort Group announced on July 15, 2013 has fallen through on account of the unsuccessful outcome of contract negotiations between the Delfort Group and the Italian employees’ representatives in Carmignano.

Both mills will remain in the possession of the Cham Paper Group. They are in a favourable position thanks to the comprehensive restructuring of the Group during the past two years.

By contrast, the General Manager of the Italian mills, Marcello Di Giacomo, who joined one year ago, will be leaving. The activities of Cham Paper Group in Switzerland will not be impacted by retaining the Italian mills.

Andreas Keller

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