In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n
This information was prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.<\/p>\n
Names of the companies and groups involved:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Economic sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council has received notification of an economic concentration project concerning the creation of a joint venture named \u201cCommunication Paper JV\u201d by the companies \u201cUPM-Kymmene Oyj\u201d and \u201cSappi Papier Holding GmbH.\u201d To this end, the group (UPM) will contribute its communication paper activities in Europe and the United States to the joint venture, while the group (Sappi) will contribute its European activities also related to communication paper.<\/p>\n \u201cUPM-Kymmene Oyj\u201d is a public limited company established under Finnish law, registered in the Finnish commercial register under number 1041090-0. Its registered office is at P.O. Box 380, 00101 Helsinki, Finland, and the company’s correspondence address is at Alvar Aallon katu 1, FI-00100 Helsinki, Finland. \u201cUPM-Kymmene Oyj\u201d is the parent company of the group (UPM), specializing in the development, production, and marketing of products from renewable resources, including paper products, pulp, electricity, labeling materials, sawn timber, wood-based panels, as well as biochemical, biomass, and plywood solutions. The UPM group operates in the domestic market through the importation of magazine paper and fine paper.<\/p>\n \u201cSappi Papier Holding GmbH\u201d is a limited liability company established under Austrian law, registered in the Austrian commercial register under number FN 167931 h, with its registered office at Brucker Stra\u00dfe 21, 8101 Gratkorn, Austria. \u201cSappi Papier Holding GmbH\u201d is an indirect subsidiary of the company \u201cSappi Limited.\u201d \u201cSappi Limited\u201d is a public limited company established under the laws of the Republic of South Africa, registered with the Companies and Intellectual Property Commission under number 1936\/008963\/06, with its registered office at No. 108 Oxford Road, Rosebank, Johannesburg 2198, Republic of South Africa. The joint venture will be a Finnish limited liability company and is in the process of being established. Its share capital and voting rights will be held by the founding companies \u201cUPM-Kymmene Oyj\u201d and \u201cSappi Papier Holding GmbH.\u201d<\/p>\n <\/p>\n Done in Rabat on July 16, 2026<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information was prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented. Names of the companies and groups involved: Founding parties: The company \u201cUPM-Kymmene Oyj,\u201d the parent company of the group (UPM); The company \u201cSappi Papier Holding GmbH,\u201d an indirect subsidiary of the company \u201cSappi Limited,\u201d the parent company of the group (Sappi). The joint venture: The company \u201cCommunication Paper JV\u201d. Nature of the operation Creation of a joint venture. Economic sectors concerned Production and supply of communication papers, including magazine paper and fine paper. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, until July 27, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration project concerning the creation of a joint venture named \u201cCommunication Paper JV\u201d by the companies \u201cUPM-Kymmene Oyj\u201d and \u201cSappi Papier Holding GmbH.\u201d To this end, the group (UPM) will contribute its communication paper activities in Europe and the United States to the joint venture, while the group (Sappi) will contribute its European activities also related to communication paper. \u201cUPM-Kymmene Oyj\u201d is a public limited company established under Finnish law, registered in the Finnish commercial register under number 1041090-0. Its registered office is at P.O. Box 380, 00101 Helsinki, Finland, and the company’s correspondence address is at Alvar Aallon katu 1, FI-00100 Helsinki, Finland. \u201cUPM-Kymmene Oyj\u201d is the parent company of the group (UPM), specializing in the development, production, and marketing of products from renewable resources, including paper products, pulp, electricity, labeling materials, sawn timber, wood-based panels, as well as biochemical, biomass, and plywood solutions. The UPM group operates in the domestic market through the importation of magazine paper and fine paper. \u201cSappi Papier Holding GmbH\u201d is a limited liability company established under Austrian law, registered in the Austrian commercial register under number FN 167931 h, with its registered office at Brucker Stra\u00dfe 21, 8101 Gratkorn, Austria. \u201cSappi Papier Holding GmbH\u201d is an indirect subsidiary of the company \u201cSappi Limited.\u201d \u201cSappi Limited\u201d is a public limited company established under the laws of the Republic of South Africa, registered with the Companies and Intellectual Property Commission under number 1936\/008963\/06, with its registered office at No. 108 Oxford Road, Rosebank, Johannesburg 2198, Republic of South Africa. \u201cSappi Limited\u201d is the ultimate parent company of the group (Sappi). The group (Sappi) specializes in the manufacture of renewable fiber-based materials and supplies pulp, biomaterials, and finished products including communication papers, specialty papers, and packaging papers. This group operates in the domestic market through the importation of magazine paper and fine paper. The joint venture will be a Finnish limited liability company and is in the process of being established. Its share capital and voting rights will be held by the founding companies \u201cUPM-Kymmene Oyj\u201d and \u201cSappi Papier Holding GmbH.\u201d Done in Rabat on July 16, 2026<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-48184","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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\n\u201cSappi Limited\u201d is the ultimate parent company of the group (Sappi). The group (Sappi) specializes in the manufacture of renewable fiber-based materials and supplies pulp, biomaterials, and finished products including communication papers, specialty papers, and packaging papers. This group operates in the domestic market through the importation of magazine paper and fine paper.<\/p>\n