Fellow buyout investor Orlando has also expressed interest in the company according to Reuters, which cited two people familiar with the matter.
Reuters described the business, which had annual sales of €387m, as “unprofitable”.
Last August Munksjö, the Swedish paper product maker backed by European buyout giant EQT, merged with the label and processing arm of Finnish paper and wood processing company Ahlstrom ahead of an initial public offering on the NASDAQ OMX Helsinki.
Munksjö and Ahlstrom Corp agreed that Ahlstrom would demerge its label and processing business and combine it with Munksjö to form a new company named Munksjö Corp.
The merger created a specialty papers giant with combined 2011 net sales of about €1.3bn.
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