The LEIPA Group GmbH, Schwedt/Munich, acquired a 49% holding in Gratenau & Hesselbacher GmbH (G&H), Hamburg, to strengthen the sales activities of the LEIPA group of companies, particularly in the overseas regions.
This will supplement and extend the sales portfolio of the LEIPA group of companies with new sales markets for the LEIPA magazine paper, the test liner and the packaging solutions. In addition, new sources will also be available in the scope of the global supply and sourcing management.
“In a tough market environment, in recent years, LEIPA has succeeded in laying down a positive course of development. We will continue our solid growth – in terms of both the development of new products and solutions as well as accessing new markets and addressing new target groups. In G&H, we have found a reliable partner who shares our values and goals and who will bring a valuable network into the LEIPA group of companies,” explained Peter Probst, CEO of the LEIPA Group GmbH.
Gratenau und Hesselbacher, which is based in Hamburg, has operated in the international agency and retail business for cellulose, paper and cardboard for over 140 years. Its current product focus is on paper which is used in magazines, corrugated cardboard raw materials, and consumer packaging board.
