Pfleiderer planning to sell Uniboard mill in Moncure to Arauco in an asset deal

Purchase price of US$56m much lower than sum invested by Pfleiderer

Uniboard Canada Inc., which is part of Pfleiderer AG and based in Laval, Quebec, is poised to sell its particleboard and MDF/HDF complex in Moncure, North Carolina to a subsidiary of the Chilean group Paneles Arauco S.A., which is headquartered in Santiago de Chile. The Moncure mill does business as Uniboard USA LLC. ...

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