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SGIA

Specialty Graphic Imaging Association

Zanders' Acquisition by New "Zanders-Paper GmbH" Effective December 1

Terje Haglund and new "Zanders-Paper GmbH" acquires location in Bergisch Gladbach.

With its acquisition by the new "Zanders-Paper GmbH" effective December 1, 2018, Zanders will continue to produce high-quality specialty papers and boards. Dr. Marc d'Avoine, Insolvency Administrator, Zanders, announced the successful conclusion of the negotiations. "We are pleased that the acquisition will be made by paper professionals who are already very successful in the industry. The continuation of paper production at Zanders is thus assured. All know-how carriers remain on board."

According to d'Avoine, Terje Haglund and his team will soon introduce themselves to the public. The takeover by a partner already working in paper production would be in any case the best possible solution for Zanders. "Thanks to the know-how on both sides, there are very good prerequisites for securing the Bergisch Gladbach location for the long term," said d'Avoine.

Business operations will continue with around 300 employees; around 150 employees will have to leave the company. For those affected, an interim employment society will continue to pay a large part of the salary for seven months and offer job search assistance. In addition, the works council and especially the city of Bergisch Gladbach offer a lot of help through a job market where local companies can present their vacancies and have personal conversations.

For further information, please contact:
Zanders
Tobias Mueller
tobias.mueller@zanders.com
www.zanders.com 
  
Press Office Zanders 
c/o MuthKomm 
Anika Nicolaudius
anika.nicolaudius@muthkomm.de

Publication/Release Date: 
Nov 30, 2018