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Accursia provides an unconditional binding offer for Ahlstrom´s Stenay plant

Accursia´s fourth acquisition in 2023

Accursia Capital plans to acquire Stenay plant from Ahlstrom Ahlstrom’s plant in Stenay, France produces one-side coated specialty papers for specific uses in the packaging sector across various industries. The plant incorporates its own R&D facility with the ability to develop new recipes and manufacturing methods. With an annual capacity of approximately 55,000 tons of specialty paper and 120 employees the plant is equipped to provide customer-centric solutions with a wide range of use cases and applications.

“We are looking forward to starting the development of the plant jointly with the employees and the local management to establish Stenay as a strong player in the highly competitive paper-based packaging market. With CENPA, Accursia already has a proven track record in an adjacent segment of the industry. We are confident that with Accursia’s support the plant will achieve a turnaround in a similar fashion as CENPA did over the last two years. We wouldlike to thank Ahlstrom for its partnership in the transaction.”

said Martin Scheiblegger, CEO of Accursia Capital. The potential acquisition remains subject to consultation with the employee representatives.

About Accursia Capital

Accursia Capital is a Munich-based private equity holding that invests in medium-sized industrial companies. The investment focuses on companies with significant operational value creation potentials. Typical investments are companies with unresolved succession issues, restructuring and turnaround cases, and complex carve-out projects. Accursia Capital pursues a long-term investment approach and intends to develop its investments sustainably.

For further questions regarding the transaction, please contact


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