Oct 02, 2013. /Lesprom Network/. Sofidel reached agreement for the acquisition of the shares of tissue paper producer NTG Papermill Limited in the UK. The acquisition enables Sofidel to optimize the operations of its converting plants in the UK, as the company said in the press release received by Lesprom Network.

The paper mill, that is located in the North West of England, Lancaster area, is equipped with a paper machine with a capacity of approximately 32,000 tonnes per year.

“Through this acquisition we further strengthen our production capacity in a major market place such as Britain. It is a move that enables Sofidel to optimize the operations of its converting plants in the UK,” said Luigi Lazzareschi, CEO of Sofidel.

The Italian Group Sofidel, a privately held company owned by the Stefani and Lazzareschi families, is one of the leading European manufacturers of paper for hygiene and domestic use.