Andlinger & Company and H2 Equity Partners have reached an agreement about the sale of 100% of the shares in Eska Graphic Board B.V. The financial details of the transaction will not be published.

包装纸&板

Andlinger & Company take over Eska Graphic Board from H2 Equity Partners

Nov 04, 2013. /Lesprom Network/. Andlinger & Company and H2 Equity Partners have reached an agreement about the sale of 100% of the shares in Eska Graphic Board B.V. The financial details of the transaction will not be published, as the company said in the press release received by Lesprom Network.

Eska is a world market leader in the production and sale of graphic board made from 100% recycled paper. Eska’s board products are used in e.g. hardcover books, files, puzzles, games and luxury packaging. In 2012 Eska realised a turnover of Euro 141 million, 95% of which in the form of exports.The production takes place in two modern mills in Hoogezand and Sappemeer, Netherlands.

Eska also has a unique international sales network of its own subsidiaries in six countries. The company employs approximately 450 people, 350 of which are located in the Netherlands.

In 2006 Eska was taken over by H2 Equity Partners and the management and ever since has developed into a leading and profitable player in its niche market. Under the flag of Andlinger Eska will continue to work on its international growth strategy. The current management will stay on after the take-over.

Eska’s Works Council has given a positive advice on the proposed transaction. The trade unions and the Social and Economic Council (SER) have been informed. The transaction is expected to be completed soon.