Lecta Responds to Press Speculation Regarding Strategic Transaction

Lecta S.A., Barcelona, Spain, noting recent press speculation in relation to a potential exit by CVC Capital Partners of its stake in the company, confirmed this week that it has engaged advisers to explore a potential strategic corporate transaction. However, it added that no formal decision has been made at this time. 

If the company decides to undertake any strategic transaction, Lecta said, it will make a further announcement when it is appropriate to do so. The company emphasized that it does not intend to make any further comment, or respond to any enquiries until such time. 

There can be no assurance that any transaction will proceed or be consummated, Lecta stated in a release.

Lecta is a producer and distributor of specialty paper for labels and flexible packaging, coated paper for publishing and commercial printing, and other high value-added print media. All of Lecta's manufacturing sites are certified to ISO 14001 and EMAS environmental standards and hold PEFC™ and FSC® chain of custody certificates, thereby guaranteeing sustainably sourced wood and pulp raw materials. Furthermore, all Lecta sites have successfully completed audits for ISO 50001 energy efficiency, ISO 9001 quality, and OHSAS 18001 occupational health and safety certification.