Announced

Completed

Sofidel completed the acquisition of four facilities of Royal Paper.

Synopsis

Sofidel, a producer of paper for hygienic and household use, completed the acquisition of four facilities of Royal Paper, a personal and commercial paper products manufacturer. Financial terms were not disclosed. “This is another important milestone in our growth journey in North America. The location of these production assets – particularly the three facilities in Arizona – allows us to significantly strengthen our presence in the western United States. This enhances our ability to serve customers and improves our efficiency by reducing delivery times and optimizing logistics,” Luigi Lazzareschi, Sofidel CEO.

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