Worms_&_Cie

Sequana Capital

Sequana Capital

French pulp and paper company

Sequana Capital was a French pulp and paper company.

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History

The company was founded as a coal importing business known as Worms and Cie in 1848.[1] After diversifying into banking and finance it acquired Arjo Wiggins, a paper manufacturing business, in 2000.[2] The founding Worms family stood down from the board in 2004[3] and it was renamed Sequana Capital in 2005.[4] Following a protracted dispute with British American Tobacco over the payment of dividends, it was placed in liquidation in 2019.[5]

References

  1. [1]
    Bonin, Hubert; Valério, Nuno (2015). Colonial and Imperial Banking History. Routledge. ISBN 978-1848935822.
  2. [2]
    "Takeover talk lifts Arjo Wiggins shares". The Herald. 17 May 2000. Retrieved 15 May 2020.
  3. [3]
    "Worms & Cie turns a page in its history". Les Echos. 18 June 2004. Retrieved 15 May 2020.
  4. [4]
    "Sequana reveals 2007 acquisition intentions". Print Week. 18 April 2007. Retrieved 15 May 2020.
  5. [5]
    "Sequana is in liquidation". Paper Industry World. 27 June 2019. Retrieved 15 May 2020.


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