Prudentia Capital-backed Arjobex completed the acquisition of MDV Group.

Prudentia Capital-backed Arjobex, a producer of Polyart Synthetic paper, completed its acquisition of MDV Group, paper and films coating and converting company in Europe. Financial terms were not disclosed. "MDV perfectly fits the Arjobex core business of producing sustainable specialty substrates for niche and growing markets and will benefit from our strong international sales and marketing network in the US and Asia," Arnaud Roussel, Arjobex CEO.