As expected, upon entry into procedure of backup the 15 February 2017, Sequana announced that the commercial court had just stopped his backup plan, thus putting an end to the backup procedure. The result of this decision, Sequana will continue to benefit from the protection of the court.
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Antalis International has been introduced in the stock market, the day, in accordance with the measures announced on February 15, 2017 by Sequana. This operation has been received positively by the market.
About Sequana
Sequana (Euronext Paris : SEQ), a major player in the paper sector, holds leading positions in each of its two businesses :
Antalis : n°1 distribution of papers and packaging products in Europe. Present in 43 countries, Antalis employs approximately 5 600 employees.
Arjowiggins : world producer of recycled paper and specialty, the company employs approximately 2 800 persons.
With 8 500 employees in the world, Sequana has achieved a turnover of 3 billion euros in 2016.
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