Sequana Capital

Last updated
Sequana Capital
Website wormsetcie.com

Sequana Capital was a French pulp and paper company.

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]

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References

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