Reference is made to the press release issued on 7 February 2025, regarding the
sale of the Norske Skog Boyer mill to Boyer Capital Pty Ltd. The sale of 100% of
the share capital in Norske Skog Industries Australia Limited, the holding
company for all of Norske Skog's Australasian activities, has now been
completed.
"It has been a pleasure to work together with David Marriner and his team at
Boyer Capital to conclude this transaction. It is good to know that the mill
will continue its operations under local ownership with willingness to invest
and develop the site for the future. We look for look forward to following their
development of the Boyer industrial site and to maintain our business
relationship going forward," says Geir Drangsland, CEO of Norske Skog.
About Norske Skog
Norske Skog is a leading producer of publication paper and packaging with four
high quality industrial sites, strong market positions, and close customer
relations in Europe. Norske Skog aims to further diversify its operations and
continue its transformation into growing and high margin markets through a range
of promising development projects. The Group has approximately 2 100 employees,
is headquartered in Norway, and listed on the Oslo Stock Exchange under the
ticker NSKOG.
Norske Skog
Communications and Public Affairs
For further information:
Norske Skog media:
Vice President Communication and Public Affairs
Carsten Dybevig
Email: carsten.dybevig@norskeskog.com
Mob: +47 917 63 117
Norske Skog capital markets:
Senior Vice President Corporate Finance
Even Lund
Email: even.lund@norskeskog.com
Mob: +47 906 12 919