Fedrigoni to quit its paper and security business in Brazil

Photo: Fedrigoni

Fedrigoni is considering selling off its paper and security business in Brazil, according to Euwid.  The company has "made progress to finalise" the divestment and the transaction is expected to be completed "in the coming months," Fedrigoni announces in its H1 2020 report.

The Salto mill has a production capacity of 20,000 tpy of banknote and security papers.

The Fedrigoni Group is one of the main players in the world and the European leader for production and sales of special papers for graphic use and self-adhesive products for labels. In particular, it is the global leader in the production of self-adhesive labels for the wine sector.