Accrol completed the acquisition of LTC Group for £42m.

Accrol, an independent tissue converter, completed the acquisition of LTC Group, an independent tissue conversion business, supplying private label and branded toilet roll and kitchen towel to UK customers, including major supermarket multiples and value retailers, for £42m ($56m). "This is a step change for Accrol. LTC adds significant capacity to our existing business, which is already growing ahead of the market, as well as immediately enhancing the earnings of the Group. In addition to bringing a wider customer base, it increases the size and scale of the business, enabling greater cost efficiencies and improved market positioning," Gareth Jenkins, Accrol CEO.