Heinzel Holding GmbH signed a share purchase agreement to acquire Upm-Kymmene Austria Gmbh from UPM-Kymmene Oyj (HLSE:UPM) on June 21, 2022. The transaction is expected to close on January 1, 2024. The transaction is subject to approvals from relevant competition authorities.

Heinzel Holding GmbH completed the acquisition of Upm-Kymmene Austria Gmbh from UPM-Kymmene Oyj (HLSE:UPM) on January 1, 2024.