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Commission sends Statement of Objections over proposed joint venture between UPM and Sappi · BASE INTEL

Politics · cmtcglebn00p404l5z30to1mh

Commission sends Statement of Objections over proposed joint venture between UPM and Sappi

European Commission Press release Brussels, 26 Aug 2026 The European Commission has informed UPM-Kymmene Corporation ('UPM') and Sappi Limited ('Sappi') of its preliminary view that its proposed joint venture may restrict competition in the markets for different types of communication paper, which is used for printed materials, such as magazines or books.

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This report contains official claims from a government or institutional source and may not be independently verified.

Threat NoneOfficial ClaimGovernmentConf MediumEuropean Union · European CommissionPublishedEuropean Commission

Original publisher

European Commission

Original source URL

https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1747

Source country

European Union

Reporting region

European Commission

Language

Published (UTC)

Aug 25, 2026, 10:00 PM

Ingested (UTC)

Aug 28, 2026, 4:35 AM

Verification

Official Claim

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The agency (European Commission) stated: Commission sends Statement of Objections over proposed joint venture between UPM and Sappi
European Commission Press release Brussels, 26 Aug 2026 The European Commission has informed UPM-Kymmene Corporation ('UPM') and Sappi Limited ('Sappi') of its preliminary view that its proposed joint venture may restrict competition in the markets for different types of communication paper, which is used for printed materials, such as magazines or books.
Categories: POLICY_AREA=COMPETY,MERGERS
Source type: government
Verification: official claim
Source country: European Union
Published (UTC): 2026-08-25T22:00:00.000Z
Source: European Commission
Original source: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1747


Note: This report contains official claims from a government or institutional source and may not be independently verified.

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