Ahlstrom-Munksjö signs non-binding memorandum of understanding to divest fine art paper business, ARCHES®
AHLSTROM-MUNKSJÖ OYJ, PRESS RELEASE OCTOBER 30, 2019 at 08:30 EEST Ahlstrom-Munksjö Oyj and its French subsidiary Ahlstrom-Munksjö Arches, have entered into a non-binding memorandum of understanding to divest Ahlstrom-Munksjö Arches’ fine art paper business, under ARCHES[® ]brand, with Italian based F.I.L.A. Group, Fabbrica Italiana Lapis ed Affini S.p.A., a leading global player specialized in the research, design, manufacturing and sale of creative expression tools. Subject to labor consultation and finalization of discussions between the parties to sign binding agreements, the