Wepa divests tissue mill Fabbriche di Vallico

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Wepa Lucca Srl, the Italian subsidiary of Wepa Industrieholding, will sell its Italian tissue mill Fabbriche di Vallico to Eurotec Srl.

The tissue machine of the Fabbriche di Vallico mill with a capacity of 18.000 tpy has been offline since 2012. Under the new ownership the mill will resume production soon, informs Wepa. With this acquisition Eurotec Srl, a distributor of tissue master reels, intends to expand value addition to the production of semi-finished hygiene products.

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