The Final Chapter of Arjowiggins, a Historic Papermaker
In 2022, Arjowiggins, a paper manufacturer with roots dating back to 1761, ceased operations following prolonged financial challenges. The company, known for producing fine and technical papers, operated mills in the UK, France, Spain, and China.
In 2019, after its parent company Sequana CapitalDealroom has a profile for this one. Try Dealroom → entered liquidation, Arjowiggins' UK operations were salvaged through a two-phase management buyout supported by £12 million in public funding from Scottish EnterpriseDealroom has a profile for this one. Try Dealroom →. This effort preserved hundreds of jobs in the UK, Spain and China.
Despite these interventions, Arjowiggins faced mounting pressures from the COVID-19 pandemic, escalating energy costs, and supply chain disruptions, and in September 2022 the company entered administration.
Post-closure, certain assets found new ownership. FedrigoniDealroom has a profile for this one. Try Dealroom → acquired Arjowiggins' Spanish and Chinese operations, while WEPA GroupDealroom has a profile for this one. Try Dealroom → took over the Greenfield mill in France to enhance its recycled tissue production.
In parallel, AntalisDealroom has a profile for this one. Try Dealroom → acquired the rights to several of Arjowiggins' flagship brands, ensuring their continued availability through its distribution network.
The shutdown of Arjowiggins marks the end of a significant chapter in the European paper industry, concluding over two centuries of papermaking heritage.
Sources:
Arjowiggins
Printweek
Printweek
Printweek
Printweek
EUWID Paper
Paper Industry World
Tissue World Magazine
Reuters
Fedrigoni
Antalis
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