Boyer mill sold to David Marriner for $27 million

The Norske Skog Boyer paper mill has been sold to property developer David Marriner for $27 million.

Mr Marriner, a property developer and theatre owner in Melbourne, owns a factory near Brighton which has been used to construct concrete segments for the new Bridgewater Bridge. 

Mr Marriner recently announced plans to build high-tech concrete panel homes in the Bridgewater factory, homes he envisages would be erected at Kensington Park.   

“We see significant potential to expand and diversify the industrial activities at the Boyer mill for the benefit of its employees and the local community”, Mr Marriner said.

“In dialogue with mill management and representatives of the Boyer workforce we have been very impressed with their knowledge and commitment to the business. We are therefore excited to start a new chapter for the mill", Mr Marriner concluded.

“We are very pleased to conclude our orderly exit from Australasia with the divestment of the Boyer mill”, said Geir Drangsland, CEO of Norske Skog. 

“The discussions with David Marriner and Boyer Capital have been ongoing for some time and we believe they represent the ideal owner to both continue the production of publication paper and develop the industrial site for future activities. 

“Norske Skog will now focus fully on the successful ramp-up of containerboard production at the Golbey mill and completing the BCTMP study at the Saugbrugs mill”, said Geir Drangsland, CEO of Norske Skog. 

“The Boyer mill has been part of the Norske Skog group for 25 years and we wish to thank everyone for their support and contribution to the mill during this time. We now look forward to continue our operations under new ownership, and to work closely with our new owners to explore future opportunities at the mill site”, said Patrick Dooley, Managing Director of Norske Skog Boyer. 

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. The mill has approximately 300 skilled and experienced employees.