Founded in 1999, Green Bay Converting (GBC) is one of the most important independent US converting companies, has over 300 employees and carries out converting activities for the North America market, both in the away-from-home and consumer segments.
The assets covered by the acquisition are:
- a 800,000 SF converting plant in Green Bay (WI) the main region for the production of tissue in the United States, rich in know-how and human resources, where Sofidel already has a presence with its own converting plant - and the connected activities
- a 400,000 SF brand new industrial building in Hattiesburg (MS) which will house a new converting plant for a total additional annual production capacity amounting to approximately 65,000 tonnes, to which in the next few months several production lines will be added at the Hattiesburg location, and a few production lines at the Green Bay location.
For its part, GBC will continue to run its remaining operations as a contract manufacturer.
The Sofidel Group, a privately held company owned by the Stefani and Lazzareschi families, is a world leader in the manufacture of paper for hygienic and domestic use.
