Sappi Limited announced that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the "Transaction") has not materialised within the agreed timeframe of the contractual agreement and therefore the agreement has lapsed.
Georgia-Pacific containerboard mill in Monticello is set to receive a $91 million upgrade, making the construction project one of the company's largest investments in the Lawrence County facility.
