End of the line for historic papermaker Jo Francis Friday, May 7, 2021
Zanders Paper has gone into liquidation after attempts to save the business via a financial restructure proved unsuccessful.
The Zanders mill is near Cologne in Germany
The German papermaker is best-known for its high gloss, cast coated Chromolux range of paper, label papers, and board.
It had been badly hit by the impact of the Covid-19 pandemic, which resulted in a “significant decline in sales” of its specialty papers.
Zanders entered a form of administration in March and attempted to reorganise, but this has proved unsuccessful.
As a result, operations ceased at the end of last month, and existing orders will not be completed.