The Iberpapel Group has informed the Spanish National Securities Market Commission (CNMV) that yesterday, September 28, it signed the definitive agreement for the sale of the forestry assets in Uruguay on a total of 11,280 hectares. Through this 57 million dollar transaction, the company has disposed of 40% of its forestry assets.
Iberpapel is investing 22.5 million euros in Papelera Zicuñaga’s Hernani facilities over the course of 2023 to launch several initiatives that will make production and environmental processes more efficient.
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