The Lucart Group, through its holding company Lucart Spa, has acquired the total capital of Bokk Paper kft, the main independent Hungarian player in the away from home (AFH) tissue productsmarket, as the company said in the press release received by Lesprom Network.
The name of the company has already been changed to Lucart kft.
Zsolt Király, one of the former owners of Bokk Paper, declared: “We believe that the sale of our Company to the Lucart Group is the best solution to give continuity to our entrepreneurial project and to assure the future growth of the business. For this reason, my partner József Orlovits and myself will remain as Managing Directors of the company to ensure a smooth and efficient integration and take over.”
Lucart Kft.is a Hungarian company located in Esztergom, operating in the tissue paper converting products sector, in the away from home market.
Lucart Group is the European leader in the production of light-weighted MG paper for flexible packaging and is partner of the main European industries for the supply of tissue and airlaid jumbo reels.
