Norske Skog first announced the sale of its Boyer mill to Boyer Capital Pty Ltd on 7 February 2025.
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.
The Norske Skog Boyer mill is situated in Tasmania and has a production capacity of 150,000 tonnes of newsprint and 135,000 tonnes of LWC magazine paper. The site has a total area of 565 hectares, offering significant opportunities for future developments, and good access to raw materials and logistics infrastructure.
Constructed in 1941 by Australian Newsprint Mills, the mill was the first producer of newsprint paper in Australasia.
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.
The Group has approximately 2 100 employees, is headquartered in Norway, and listed on the Oslo Stock Exchange under the ticker NSKOG.
