Announced
Financials
Tags
Majority
Cross Border
Pending
Single Bidder
United Kingdom
Public
Acquisition
Friendly
kitchen rolls
Paper
tissue paper
wet wipes
Synopsis
The Navigator Company, a pulp and paper company, agreed to acquire Accrol Group, an independent tissue converter, producing toilet roll, kitchen roll and facial tissue products, for £128m. "The prospective acquisition of Accrol, a renowned tissue manufacturer based in the UK, marks a pivotal moment for Navigator, as we expand our commercial footprint to the UK tissue market. The proposed acquisition is perfectly aligned with our long-term growth strategy for the tissue business and underscores our unwavering commitment to driving innovation, sustainable growth, and operational excellence at Navigator," António Redondo, Navigator CEO.
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