Heinzel Group completed acquisition of Europapier

Nov 30, 2010. /Lesprom Network/. The Heinzel Group has now completed its acquisition of Europapier, the leading paper merchant in the CEE countries. This transaction makes the Heinzel Group the sole shareholder of Europapier, as the company said in a press release received by Lesprom Network. “Through this acquisition, the Heinzel Group intends to strengthen its position and expand its pan European operation while continuing its growth strategy,” said Werner Hartmann, Member of the Europapier Board. “Europapier is very much looking forward to writing a new chapter in the distribution of its diverse product portfolio. Together with Europapier the Heinzel Group becomes a leading trading and merchant company in CEE with a total volume of around 1.2 million tons sales volume,” he added. The new owner structure will allow Europapier to gain access to an even broader range of products. Customers can now choose from a world wide product range, thus making Europapier an even stronger one-stop-shop partner. In the current world the newly merged company will be a more reliable and sustainable partner. The Heinzel Group is a leading market pulp producer in CEE and a global trading company for pulp and paper. The company has a total sales volume of around 2.4 million tons. The Heinzel Group has 22 sales offices worldwide and production facilities in Austria, the Czech Republic and Estonia.