Papyrus to invest in a European paper specialties hub in Cologne, Germany

Papyrus announces the plan to invest in a new logistical hub in Cologne, Germany to optimise its logistical infrastructure and improve the service offering of paper specialties to its customers across Europe. The new 22,000 m2 state-of-the-art warehouse will be accompanied with a paper competence center for service development, training and customer seminars. It is expected to open in early 2018.

This further investment in Papyrus is inline with the strategy to build the strongest platform for our Printing & Creative Solutions business segment in Europe. It follows the earlier investment in Switzerland through the acquisition of Inapa Switzerland in December 2016 and the acquisition of the Swedish Viscom company Olsonic.

For further information, please contact:

Stefan Sikander, Corporate Communication Director, Tel. +46 1051 72684
 

Papyrus
With net sales of EUR 1.5 billion in 2015, Papyrus is a leading business-to-business distributer of business essentials and provides more than 65,000 customers across 19 countries in Europe with Safety solution, Facility solutions, Industrial Packaging solutions and Printing & Creative solutions.. www.papyrus.com.

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