UPM closed the sale of its Chapelle Darblay newsprint mill site in France to the Community of Rouen. This sale is an asset sale, covering land, the buildings and the equipment. No personnel will be transferred.
UPM had permanently ceased production and agreed a social plan for its employees at its Chapelle mill in Grand-Couronne, France already in June 2020.
UPM had originally committed to selling the site to a consortium of two partners, Samfi and Paprec France SAS, in October 2021. The Community of Rouen then pre-empted the sale of the Chapelle Darblay land and buildings in February 2022, cancelling the sale to Samfi and Paprec France SAS.