When the Peterson Group subsequently assumed a pivotal role in ownership , there was also a shift towards 100-percent recycled cardboard materials , which laid the foundation for Ranheim ’ s entry into the circular economy . The decade also witnessed the company ’ s 100th anniversary .
Amidst restructuring in the 1990s , Ranheim navigated challenges by exploring unique product lines including the introduction of a niche paper quality for laminates . However , the decade was also filled with setbacks . In 2012 , the Peterson Group faced bankruptcy , forcing new owners to step in , who then brought Ranheim Paper & Board back to life .
In 2019 , the Austrian industrial group , Fundermax GmbH , recognized potential within the laminate paper segment . The acquisition of Ranheim on January 1st marked a new chapter and positioned the company as a recycling specialist with a focus on laminates and fish packaging segments .
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