BEWI announces intention to acquire Scandinavian paper packaging company
BEWI, a leading provider of packaging, components, and insulation solutions, announces that the company has entered a letter of intent to acquire 100 per cent of a leading Scandinavian paper packaging company. The target company is mainly manufacturing fibre-based packaging products, with an annual revenue in the range of EUR 12 to 14 million, with solid EBITDA margins in the range of approximately 18 to 20 per cent. “Through this acquisition we are strengthening our offering within fibre-based packaging, in line with our strategy to provide our customers with complementary and