The Felix Schoeller Group enters into a newly formed Joint Venture in India
The Felix Schoeller Group, manufacturer of high-quality speciality papers, headquartered in Osnabrueck, Germany and the owners of New (India) Imaging Industries enter into a newly formed Joint Venture in India.
This long-standing partnership between the Felix Schoeller Group and the owners of New (India) Imaging Industries exists since 1996 and has always been focused on the converting and selling of high quality digital printing papers. The new Joint Venture will operate under “Felix Schoeller India”, the legal entity will be called “Schoeller India Industries Pvt. Ltd.”. It is planned to increase and further develop the existing sales and marketing efforts. In addition, the Joint Venture will invest in a new converting plant in Mumbai.
The future product portfolio will include a wide range of products from photo papers and sublimation papers to nonwoven wallpaper as well as solvent and latex papers.
“We are delighted to be able to step up our activities in the Indian market with a long-standing partner whom we trust.”, says Jörg Borker, general manager with Felix Schoeller Digital Media.
“This is an important step for both partners, we are convinced about the market potential in India and particularly from the strength of our partnership with the Vaswani family.”, says Guido Hofmeyer, CFO of the Felix Schoeller Group.
Rajan Vaswani (CEO of Felix Schoeller India) and Guido Hofmeyer (the Felix Schoeller Group’s CFO) seal the deal that takes the long-standing partnership to a new level.
Profile of the Felix Schoeller Group, Osnabrück
Founded in 1895, the Felix Schoeller Group is a family business with worldwide operations producing specialty papers. With around 2,315 employees, the renowned Osnabrück-based company produced and marketed almost 323,000 tonnes of specialty papers in 2017 and posted a total turnover of 747 million euros. The Felix Schoeller Group develops, produces and markets specialty papers for photographic applications, digital printing systems, the packaging market, self-adhesive applications and for the furniture, wood-based products and wallpaper industry.
In addition to its Osnabrück main site and headquarters, the Felix Schoeller Group has four other production facilities in Germany - in Weissenborn and Penig in Saxony, in Titisee-Neustadt (Baden-Württemberg) and in Günzach (Bavaria). It also has production facilities in the USA and Canada and is involved in joint ventures in the Russian Federation and the People's Republic of China. It has representative offices in Los Angeles, Sao Paulo, Tokyo, Shanghai, Kuala Lumpur, Mumbai, Melbourne, Moscow, and Prague.
The Felix Schoeller Group exemplifies uncompromising quality, unique flexibility and true partnership. The result: Best Performing Papers. Worldwide.
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