Papyrus acquires StädgrossImporten i Stockholm AB, Sweden
Papyrus has acquired 100% of the shares in StädgrossImporten i Stockholm AB, a full service retailer within professional cleaning, serving cleaning and service companies with both direct deliveries and a cash & carry. The company has a turnover 54 MSEK and a strong local presence in the area of Stockholm, Sweden. The all-cash acquisition was completed on October 21, 2011.
This acquisition, together with the acquisition of StädCentralen Träffpunkten AB earlier this year, will further strengthen Papyrus position as the leading wholesaler to FM and cleaning companies in Sweden.
Papyrus, with net sales of EUR 1 896 million in 2010, 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 2 700 people. Papyrus supports more than 65,000 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 Göteborg, Sweden .
For further information, please contact:
Fr edrik Lagerkvist, Business Area Manager Papyrus Supplies. Mobile. +46 738 521861