Papyrus finalises divestment of its envelop manufacturing unit in Ettlingen, Germany.
Papyrus has on April 2 finalised the divestment of its envelope production unit in Germany to the Mayer-Kuvert-network as announced on March 6, 2013. With the divestment, Papyrus pursues its strategic business decision to separate itself from envelope manufacturing to fully focus on its core business and the reinforcement of the company’s position as the No. 1 paper merchant in Continental Europe.
For further information, please contact:
Stefan Sikander, Corporate Communication Director, tel. 46 1051 72684
Papyrus, with net sales of EUR 1,726 million in 2012, is a leading European merchant in paper, facility supplies and industrial packaging. The company is currently present in 22 countries across Europe and employs some 2,300 people. Papyrus supports more than 75,000 customers by providing products and services that enhance efficiency and contribute to a more successful business. With a long tradition and record of excellence, Papyrus is committed to staying at the forefront by offering quality products, high service levels and reliable logistics solutions. The Papyrus head office is located in Gothenburg, Sweden.