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April 17, 2018

UPM sells its Myllykoski mill site in Finland

UPM sells its Myllykoski mill site and premises, located in Kouvola, Finland, to Redeve Oy. The buyer is specialised in real estate development.  The transaction was completed today and the ownership of the real estate was transferred to the buyer with an immediate effect.  UPM closed its Myllykoski paper mill in 2011. Since then, UPM has been searching for a solution to enable further usage of the site.  "We have been searching for a credible buyer for quite some time and have investigated several options. We are very pleased with the end-result. Redeve ...

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