Overview
- Papresa, a 220‑worker mill in Errenteria, entered voluntary insolvency and is now in court-led liquidation.
- The court named PKF Attest as administrator, the same firm that helped resolve the Astilleros Balenciaga case.
- CL Group, an industrial conglomerate from Extremadura, expanded an earlier packaging-only plan into a binding bid for both units.
- The proposal says it would retain more than 70% of employees, which could save over 154 jobs and steady family incomes in the area.
- The sale is not final, and other potential buyers may still submit offers as the administrator reviews options.