Just as we were going to press with the PITA Affairs Newsletter for January 2019, we received the news that Sequana has placed the UK operations of Arjowiggins into administration. The sites will continue to operate as they seek a buyer. The affected companies are:
1. AW UK Holdings Ltd
2. Arjo Wiggins Fine Papers Ltd (production facilities at Stoneywood, Aberdeen)
3. ArjoWiggins Chartham Ltd (production facilities at Chartham, Kent)
4. Arjowiggins Sourcing Ltd
5. Arjobex Ltd (production facilities at Clacton, Essex)
6. Performance Papers Ltd
This news comes a week after the French operations were also placed into administration, following the collapse of the deal with the Dutch firm Fineska who we reported were to purchase the Graphic and Creative Paper businesses late last year.
Our thoughts go out to all of our colleagues at this trying time, and we hope soon to be able to report that a satsfactory resolution has been reached that will safeuard both jobs and sites.
French News: Printweek
UK News: Aberdeen Evening Express and BBC News Story and Aberdeen Press & Journal and East Anglian Daily Times
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