Niederauer Mühle paper mill in Kreuzau has a new owner
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The former CEO, Dr. Karsten Derks, has fully acquired the Niederauer Mühle paper mill in Kreuzau, effective October 1, 2026. The former owner families, Autenrieb and Meyer, have sold their shares. Derks intends to continue the restructuring process already underway and strengthen the market position of the manufacturer of white-coated testliner.
The change in ownership follows a prolonged period of financial difficulties. As early as last year, Niederauer Mühle had explored a merger with a potential partner as well as various sale options. In February 2026, however, the company announced that the sale process had been terminated because the offers received did not offer sufficient prospects for securing the company’s long-term future. Derks had joined the management team at the beginning of the year and later assumed the position of CEO.
Smaller of the Two Paper Machines Shut Down
In light of declining sales volumes and high energy costs, Niederauer Mühle has implemented various restructuring measures since the beginning of the year. These include the shutdown of the smaller of the two paper machines as well as a workforce reduction, which is being accompanied by a transition program. The company did not provide details on the extent of the job cuts or the remaining production capacity.
Going forward, PNM plans to focus in particular on expanding the marketing of paper made from recycled beverage carton fibers. The Niederauer Mühle is the only paper mill in Germany that processes used beverage cartons and turns the recovered fibers into corrugated medium. With the recently launched Eifel Liner Paper Loop, the company offers a white-coated testliner that contains at least 25% recycled beverage carton fibers.
In addition, Derks intends to explore further growth opportunities. According to the company, additional expertise, capacity, or financial resources could also play a role in this. No specific plans were mentioned.