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Sweden's CellMark acquires French company

March 28 2011  Swedish trading company CellMark AB has acquired Paris-based AXE Paper, a trading company specializing in publication grades.

CellMark, head-quartered in Gothenburg, Sweden, has acquired Paris-based AXE Paper, a trading company specializing in publication grades. AXE Paper is the exclusive sales and marketing company in France for Perlen Paper, a privately owned Swiss mill that manufactures LWC, as well as standard and high-bright newsprint. In 2010, AXE moved more than 100,000 tons of paper.The deal enables AXE Paper to leverage CellMark's global resources, including its vast network of suppliers. As such, AXE Paper can now offer its customers – chiefly French daily newspapers and retailers - complementary products such as SC, offset, wood-free coated and wood-free uncoated grades.At the same time, the arrangement gives CellMark entry into strategic Western European markets. To help integrate AXE Paper into the CellMark fold, Michel Robert, the leader of CellMark Paper's Miami Office, will move to France and join CellMark’s European paper team as Vice President Marketing and Development.

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