Hahnemuehle and private investors take over M-real Zanders’ premium paper business based in Dueren, Germany

17/01/12

Walzmuehle AG of Dueren, Germany will buy the Dueren-based premium paper business of M-real-Zanders-GmbH. In the future, the division will operate under the name Reflex Premium Papier GmbH. With the sale, the previous Zanders business has found a midsized owner, of which 50 per cent belongs to Hahnemuehle FineArt GmbH of Dassel, Germany, with the remaining shares in the hands of Hahnemuehle management and other private investors.

The new owners acquire the production facilities and trademark rights for Zanders-Premium Papers. Approximately 100 employees in Dueren will be taken over. Legal transfer will take place at the latest on 15 February 2012.

Under Hahnemuehle FineArt’s leadership, the combination of Reflex-Premium Papier and Hahnemuehle’s Lana Papiers Spéciaux of Strasbourg, France creates a new alliance that is tended to become one of Europe’s leading premium paper manufacturers, with a product range including FineArt, security and technical specialty papers. Established in 1584, Hahnemuehle has subsidiaries in the most important global markets as well as a worldwide sales network for art, photography, graphic applications and technical specialty papers.

Reflex Premium Papier will continue to sell its own products via fine paper merchants under the umbrella of “Zanders Premium Papiere”. The main points of the takeover were decided in consultation with the works council.

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