The German Federal Cartel Office has authorised the sale of Papyrus Deutschland GmbH & Co. KG (Papyrus) to the Inapa Group (Inapa).
„Of course we are delighted that the antitrust authorities have given their approval. The period of uncertainty is now over. Due to its size and its potential for value creation, this transaction is A milestone for the Inapa Group.
The transaction is expected to be finalised within 30 days so that we can work closely with Papyrus and Papier Union to finalise the transaction. Shaping the future can begin.“ Diogo Rezende, CEO of the Inapa Group
Inapa, which is already active on the wholesale paper market in Germany with its subsidiary Papier Union GmbH (Papier Union), may therefore acquire the shares previously held by OptiGroup. The purchase agreements signed in October 2018 are expected to be finalised very soon. soon finalised become.
„We value Papyrus' competent employees and innovative customer solutions, and together we want to utilise all opportunities to offer our customers and suppliers an even better service in the future. Broader range of products and services to offer.
The successful cooperation with Papyrus will continue to be of great benefit to our employees in a tight market. Stability create.“
Thomas Schimanowski, Managing Director of Papier Union GmbH
Source: Papier Union GmbH
