Metsä Board

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Metsä Board

logo
legal form Osakeyhtio
ISIN FI0009000665
founding 1986
Seat Espoo , FinlandFinlandFinland 
management Mika Joukio ( CEO )
Number of employees 2,466
sales 1.720 billion euros
Branch Liner and cardboard manufacture
Website www.metsaboard.com
As of December 31, 2016

Metsä Board is a manufacturer of folding boxboard , kraftliner and pulp headquartered in Espoo , Finland .

history

The company originally goes back to a wood grinding shop founded by GA Serlachius in Mänttä, Finland in 1868. The first paper mill started operations in 1881. In 1986, the merger of GA Serlachius Oy and Metsäliiton Teollisuus Oy resulted in Metsä-Serla Oy . When the paper industry was generally strongly characterized by consolidation and mergers in the 1990s, Metsä-Serla also grew through various acquisitions. In 2000 Metsä-Serla took over the Swedish paper manufacturer Modo Paper and in 2001 the German Zanders Feinpapiere AG . In the course of a realignment and integration of the acquired parts of the company, the company name (company) was changed from Metsä-Serla Oy to M-real Corporation in 2001 . After the expansion was completed, M-real employed around 21,000 people worldwide at the beginning of 2003.

In the course of the following years, however, M-real also got caught up in the general difficulties of the European paper industry, caused not least by high overcapacities and growing competitors from the Asian region. The last acquisition for the time being took place in August 2004 when M-real took over a 74 percent stake in Kemiart-Liners from UPM-Kymmene , and after taking over a further 6% from its own parent company Metsäliitto Cooperative, it became the sole owner of the company. In the same year M-real sold its factory in Savon Sellu, Finland. In June 2006, the French production site Point Saint Maxence was sold.

In 2006 the company had a turnover of 5.6 billion euros and employed 14,125 people, more than 10,000 of whom worked outside Finland.

In 2007, the production capacities were reduced and the areas that were not part of the core business were sold. In this context, production at the plants in Sittingbourne in the UK and Vivstavarv / Timrå in Sweden was discontinued and the factories closed. In addition, 2 paper machines in the Gohrsmühle plant in Germany were shut down, as well as one in the Tako board plant in Finland. In the same year, all three of the Group's folding carton factories were sold, and in October the company's own wholesaling organization MAP Merchant was also sold to Antalis.

Continuous negative earnings figures and the emerging financial and economic crisis required another step in 2008. In the fall of 2008, M-real announced that it would be parting its Graphic Papers division and transferring it, including the Kirkniemi , Kangas, Stockstadt and Biberist plants, to the South African Sappi Ltd. for sale. With this, M-real is completely withdrawing from the market for coated fine papers. The production of these types of paper in the Husum and Äänekoski mills will continue for the time being, but these products will be sold exclusively by Sappi. The plant in Hallein , Austria , on April 30, 2009 completely stopped paper production. At this location M-real only continued the pulp production and the operation of a biomass-fired electricity and district heating plant. The state of Salzburg , on the other hand, has filed a lawsuit with the EU Commission and the EU competition authority, since talks with investors about preserving the paper production at the Hallein plant were blocked by Sappi and M-real, and the state of Salzburg accused the corporations of secret agreements which was mainly about a cleanup of the market. In June 2011 the Hallein plant was finally sold to the Austrian Schweighofer Group. In 2011, buyers were also sought for the unprofitable plants in Gohrsmühle and Alizay. After the failure of the sales talks with potential investors, the consultation process has been running since mid-September to prepare for the closure of the French production site in Alizay and the extensive shutdown of production capacities at the German site in Gohrsmühle.

After massive restructuring in 2007–2009, Metsä Board still had around 6,100 employees in the summer of 2009.

The company's advertising slogans were “Make it real.” And “It's not real until it's on paper”, puns with the company name M-real at the time.

In April 2012 the company announced the renaming from “M-real” to “Metsä Board”. The new name (“Board” stands for cardboard in English) reflects the future orientation as a pure cardboard manufacturer. The production of coated fine paper was completely abandoned in mid-2015, the production of uncoated paper in the Husum plant was discontinued in mid-2016 and the plant converted to cardboard production. Finally, at the end of 2016, the last paper machine in the Finnish factory Kyro, where wallpaper base paper was still being produced, was shut down. Since the beginning of 2017, Metsä Board has been a pure cardboard manufacturer with production lines for folding boxboard, kraftliner and pulp.

Metsä Board is listed on the Helsinki Stock Exchange.

Production sites

Metsä Board has production sites in Finland and Sweden .

Finland

Tako cardboard factory in Tampere

Sweden

  • Husum: pulp, cardboard and kraftliner

Former production sites

The M-real Hallein GmbH , a pulp mill in Hallein , Austria, on 29 June 2011 to the Schweighofer timber industry sold an Austrian family with the core area timber industry. The former M-real Hallein GmbH has been operating under the name Schweighofer Fiber GmbH since September 2011 .

The Zanders Gohrsmühle was also part of Metsä Board, however, was to the company in May 2015 Mutares sold.

environment

Metsä Board as well as the Finnish companies Stora Enso and UPM-Kymmene keep making headlines because, as a major customer of the Finnish state forest, they purchase wood from forests that have been classified as primeval forests by environmental non-governmental organizations and their use conflicts with local indigenous people Peoples and reindeer herding. As long as this wood is processed in pulp mills, it can also find its way into products for the German market.

Web links

Individual evidence

  1. a b Metsä Board Financial Statements Bulletin 2016 , Metsä Board, February 2, 2017, accessed February 12, 2017
  2. M-real stock exchange bulletin concerning sale of graphic papers business  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.m-real.com  
  3. State of Salzburg files a lawsuit
  4. www.ak-salzburg.at [1]  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Toter Link / www.ak-salzburg.at  
  5. omxgroup.com: M-real Takes Action To Eliminate Its Paper Business Losses , accessed October 21, 2011
  6. MetsäBoard. Metsä Board Corporation, accessed May 4, 2012 : “M-real Corporation is now Metsä Board Corporation. The new business name was officially registered on April 12, 2012. "
  7. Metsä Board: Metsä Board Annual Report 2015 (pdf), accessed March 24, 2017
  8. Euwid: Metsä Board Kyro shuts down wallpaper base paper machine , accessed on March 24, 2017
  9. ^ Metsä Board Tako. In: Production Units. Metsä Board, April 24, 2012, accessed May 8, 2012 : "The mill is located in the center of Tampere, southern Finland."
  10. ^ M-real Hallein GmbH sold to Schweighofer Group. (PDF; 47 kB) (No longer available online.) M-real Hallein GmbH and Schweighofer Group, June 30, 2011, archived from the original on August 21, 2011 ; Retrieved on July 4, 2011 : "Hallein industrial company is taken over by Austrian industrialist Gerald Schweighofer / location is being strategically developed" Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.schweighofer.at
  11. Restart with a new name  ( page can no longer be called up , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. @1@ 2Template: Toter Link / search.salzburg.com   , Salzburger Nachrichten, September 8, 2011.