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Announced

Completed

Europapier Group completed the acquisition of Hygiene Pro Team.

Synopsis

Europapier Group, a parent company to suppliers of paper products across European markets, completed the acquisition of Hygiene Pro Team, a company with wide range of hygienic products, focusing on premium trademarks and geographical coverage of a greater part of Serbia. Financial terms were not disclosed. "I am proud to now be a part of Europapier Dunav, a member of Europapier and Heinzel Group, which has recognized the position of Hygiene Pro Team, our achievements in the market, as well as our team. We look forward to the close cooperation and realization of the ambitious goals that have been mutually defined for the coming period," Bojan Stojic, Hygiene Pro Team Managing Director.

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