Mar 09, 2015. /Lesprom Network/. In February 2015 Lucart S.p.A. and WEPA International GmbH agreed on the transfer of the ownership of 100% of Lucart France SAS shares. As of March 1, 2015 WEPA Group takes over the plant in Troyes and the consumer business related to the prod-ucts manufactured in the same plant. The company's name has already been changed into WEPA Troyes SAS.

Lucart Group will continue its activity in the French market through its other French company, Novatissue sas, concentrating on the developing of the Away From Home business and on the production of recycled tissue products for the consumer market.

The motivations for the acquisition, stated Martin Krengel, CEO of WEPA Group, "Are linked to the strategic goal to further strengthen WEPA´s market position in the Consumer private label sector on the French market and to increase our paper production and converting capacity."

Massimo Pasquini, CEO of Lucart s.p.a., declared that the sale of Lucart France is part of a strategic project finalized to refocusing Lucart Group activities on its core business.

WEPA Group and Lucart Group are managing the relationship with all the ex-Lucart France customers with the common intent to avoid any possible inconvenience generated from the transaction.

WEPA Troyes SAS (former Lucart France SAS) is a French company. The Troyes mill has an annual production capacity of 32,000 tons of tissue, a converting capacity of 40,000 tons and employs more than 150 people.

WEPA produces convincing hygiene papers and offers solutions for their customers. A total amount of 640,000 tons of high qual-ity toilet paper, kitchen rolls, handkerchiefs, facial tissues, napkins, industrial rolls and towelling paper are produced by 16 paper machines.