Europapier Group completed acquisition of paper merchant businesses from PaperlinX
- Europapier Group finally acquired 100% of the local paper merchant businesses in Hungary, Slovakia, Slovenia, Croatia and Serbia from PaperlinX
- Merger control clearance achieved in all countries
- Full integration into Europapier and Heinzel Group
Europapier International AG, a subsidiary of Heinzel Group, has closed the acquisition of the local merchant businesses of PaperlinX Group in Hungary, Slovakia, Slovenia, Croatia, and Serbia as announced in July, 2012. In the course of this transaction, Europapier International AG has taken over all of the shares in Budapest Papir Kft., Bratislavska Papierenska Spolocnost s.r.o., Alpe Papir Trgovina na debelo d.o.o., Adria Papir d.o.o., and Dunav Papir d.o.o., as of November 1st, 2012.
Following application for approval from competition authorities in each of the five countries affected, Europapier Group received clearance without any restrictions as expected. The management now intends to combine the strength of both enterprises in these markets and to utilise all potential synergies by merging businesses into one strong organisation per country.
For the customers of Europapier in Hungary, Slovakia, Slovenia, Croatia and Serbia the combined operation will provide an even broader range of products and an increase in service levels. For our suppliers we will become a stronger sales and distribution partner not only in these five countries but in the region of Central and South-Eastern Europe as a whole.
About Europapier Group
The internationally operating Europapier Group aspires to perform above industry-standards in producing long-term, sustainable profits. By sales volume it is the most important paper merchant in CEE and a pioneer in this market. Europapier Group employs about 770 people and has an annual sales volume of around 445,000 tons.
About Heinzel Group
The Heinzel Group, which is united under the Heinzel Holding umbrella, ranks with its subsidiaries Zellstoff Pöls AG (Austria) and AS Estonian Cell (Estonia) among the largest producers of market pulp in central and eastern Europe. The Group’s trading division includes Wilfried Heinzel AG, a globally active pulp and paper trading company, and Europapier International AG, the leading paper merchant in the CEE region. The Group’s successful growth is based on the fulfilment of the highest customer demands with regard to quality and efficiency.
For further information, please contact:
Heinzel Holding GmbH
Wagramer Strasse 28-30
Phone +43-1-260 11-401
Fax +43-1-260 11-402
Phone +43-1-277 78-1137
Fax +43-1-277 78-1046