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The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe. In response we announced on 06 July 2023 the start of a consultation process on the possible closure of Stockstadt Mill. We have completed this process and agreed on the social plan for the employees. In addition, an agreement has been signed for the sal Read more...

HOUSTON, March 6, 2019 /PRNewswire/ -- The Sterling Group, an operationally focused middle market private equity firm, today announced that it has completed the sale of Process Barron to funds managed by Carousel Capital. Headquartered in Birmingham, Alabama, Process Barron designs, manufactures and installs industrial process Read more...

NEW YORK, March 18, 2019 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock") announced that one of its affiliates has entered into a definitive agreement with Newell Brands to acquire its Process Solutions business. Headquartered in Greenville, South Carolina Read more...