Green light from EU to SCA and Sofidel
2013-04-03 Sofidel and SCA have finalised the transaction related to former Georgia-Pacific businesses. SCA had to sell parts of the tissue operations to comply with competition rules.
Italian tissue
and hygiene paper products manufacturer Sofidel has completed the
acquisition of several former Georgia-Pacific businesses from SCA, according to Sofidel.
The takeover covers different toilet paper and household towel brands
in the UK and Ireland. including the capacity of the Horwich converting plant in
North-West England. In addition, Sofidel has secured a marketing
license for G-P's consumer tissue brands Lotus and Lotus Moltonel in
Belgium, Luxemburg and in the Netherlands. The acquisition is effective from 1 April 2013.