OptiGroup Finalises the Sale of its German Paper Distribution Business
Comunicato Precedente
Comunicato Successivo
"The sale of our German paper distribution business marks another concrete step in OptiGroup's strategy to strengthen and proactively develop the business portfolio. In recent years, we have made several strategic acquisitions in the areas of personal protection equipment, cleaning & hygiene and packaging. The capital released through the sale will be used to further develop our portfolio of businesses, and accelerate the transformation journey towards sectors with higher growth."
Business Area Head Printing & Creative Solutions, Niklas Järbur comments:
"The paper distribution market in Germany has been under severe pressure in recent years and it is necessary for traditional paper merchants to restructure and strengthen their platform and customer offering in order to compete successfully. We are convinced that the combination of Papier Union and Papyrus Deutschland will create a stronger platform for customers, suppliers and employees.
Our Papyrus businesses outside Germany are unaffected by this transaction and Papyrus will continue to be a leading paper distributor to the printing industry with strong market positions in Benelux, Nordics, Switzerland and Eastern Europe."
For further information, please contact:
Stefan Sikander
Corporate Communication Director
OptiGroup
Tel.+46-706-404684
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