UPM finalized the sale of its Steyrermühl site to HEINZEL GROUP
(UPM, Helsinki, 2 January 2024 at 14:30 EET) – UPM has completed the sale of Steyrermühl site and all related assets to HEINZEL GROUP, thereby closing the transaction announced in June 2022 . UPM Steyrermühl was founded in 1868 and produced newsprint paper until the end of Q2 2023. Production capacity during the last years was 320,000 tonnes annually. The site also includes a sawmill with an annual timber capacity of 370,000 cubic meters. “Throughout the whole process we