Papyrus finalises divestment of its envelop manufacturing unit in Ettlingen, Germany
Papyrus has finalised the divestment of its envelope production unit in Germany to the Mayer-Kuvert-network.
ByLesprom Network
Apr 18, 2013. /Lesprom Network/. Papyrus has finalised the divestment of its envelope production unit in Germany to the Mayer-Kuvert-network,
as the company said in a press release received by Lesprom Network.
With the divestment, Papyrus pursues its strategic business decision to
separate itself from envelope manufacturing to fully focus on its core business
and the reinforcement of the company’s position as the No. 1 paper merchant in
Continental Europe.
Papyrus is a leading European merchant in paper, facility supplies and
industrial packaging. The company is currently present in 22 countries across Europe and employs some 2,300
people.
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