Hecatec also operates in the tissue products sector and in the complementary field of nonwoven fabrics used in cleaning, personal hygiene and in particular the health sector.
A key factor in the acquisition process was the support of the Intesa Sanpaolo Group, represented locally by the Cassa di Risparmio di Pistoia e della Lucchesia (Savings Bank of Pistoia and the Plain of Lucca).
Collaboration between Celtex and Hecatec (which has revenues of around Euro 40 million) dates back some twenty years. The acquisition is the result of the companies’ familiarity with each other and shared strategy of growth and international expansion.
With this acquisition, Celtex increases its sales, completes its product range and gains a significant bridgehead into the German and East European market.
Celtex, which has its headquarters in Lucca’s paper-making district, has an international reputation for the export of high quality products and cutting-edge manufacturing technology, thanks to a process of continuous innovation.
