Industrie Cartarie Tronchetti has set up a new company in Germany to handle sales of tissue paper and products to German retailers.
Germany's Pantos Produktions- und Vertriebsgesellschaft and Italy's tissue paper and products manufacturer Industrie Cartarie Tronchetti (ICT) are parting ways in Germany. The two companies will terminate their long-term cooperation and operate independently on the German market in future.
Pantos supplies sanitary paper and products produced by ICT to major German retailers, a spokesman of Pantos told EUWID. After the end of cooperation, ICT will take charge of marketing and sales of its own products for certain customers and has already set up a new sales company in Germany, ICT Deutschland Gmbh, the spokesperson added.
ICT operates seven tissue mills in Europe with an overall capacity of 470,000 tpy. The company was unavailable to comment on its new strategy on the German market.
