Papierfabrik Jass acquires Convert Paper

16 Oct 2019 − 

Acquisition opens up opportunities to develop business and to enlarge product range.

German producer of corrugated case material Adolf Jass acquires Polish company Convert Paper, a producer of corrugated board as well as GC, SBS and GD cartonboard. Convert Paper is a family-owned company based in Gostyń and employs 300 people.

Jass owns two paper mills in Germany in Fulda and Rudolstadt with a total capacity of 1 million tpy. The Fulda mill has two PMs that produce medium and heavier grades of corrugated case material while the mill in Rudolstadt/Schwarza produces lightweight corrugated case material on PM 1.

The transaction, which is expected to be finalised in November this year, is subject to regulatory approval from competition authorities. The companies made no comments on financial details of the acquisition.

EUWID Pulp and Paper keeps busy professionals up-to-date on the latest news from international pulp and paper markets.

Test EUWID Pulp and Paper free of charge and without any obligation by clicking here.

previous − Essity inaugurates new centre for napkins in Altopascio

Label paper suppliers announce price hikes for 2020  − next