The Tejani family, owner of LPC Group, has signed an agreement to sell the LPC Group to family owned Sofidel SpA. Completion of the sale is subject to the receipt of required regulatory approval in Germany.LPC Group has tissue production and converting plants in the UK, Sweden, Belgium and France. Swedish Tissue in Kisa, Sweden, is one of the largest plants in the group. LPC Group employs 1,120 people and has a total production capacity of nearly 190,000 tons per year.Sofidel is headquartered in Italy with 17 manufacturing operations in eight countries across Europe, producing in excess of 700,000 tons of tissue products per annum. Sofidel generated sales of more than one billion Euros in 2009 and currently employs approximately 3,200 people throughout Europe.The combination of LPC and Sofidel will create Europe’s second largest tissue producer with a combined turnover of 1.3 billion British Pounds per annum.