UPM completes sale of French planing mill

3 October 2013


UPM has completed the sale of Aigrefeuille further processing mill in France to Groupe FP Bois.

UPM said its sale of the 45,000m3 facility, which produces planed products, would open up new possibilities for the site and its employees.

The sale of the mill is part of UPM’s renewed timber business strategy in which it focuses on sawn timber rather than further processed products.