Sofidel Announces Restructuring Measures to Streamline Operations in the UK

To further improve efficiency and strengthen the competitiveness of its tissue operations in the UK, Sofidel Group, the second largest market player in Europe and sixth in the world for the production of paper for hygienic and domestic use, has announced that it has informed union representatives and union officers of its proposal to implement restructuring measures aimed at achieving production synergies in its operations in the UK.  

The proposed restructuring measures are aligned with the company’s strategy to improve production efficiency in order to drive cost and capital efficiency and further increase value creation.

Specifically, these measures would affect converting operations in Horwich. The measures could include the relocation of production capacity to other Sofidel Group plants in the UK and it should be completed by March 31, 2019.

The UK market is currently and will remain one of the most important markets worldwide for Sofidel.

The Sofidel Group is one of the leading manufacturer of paper for hygienic and domestic use worldwide. Established in 1966, the Group has subsidiaries in 13 countries – Italy, Spain, the UK, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania, Turkey and the USA - with more than 5,500 employees, a consolidated turnover of 1,809 million Euros (2015) and a production capacity of over one million tonnes per year (1,058,000 tonnes in 2015). "Regina", its most well-known brand, is present on almost all the reference markets. Other brands include: Softis, Le Trèfle, Sopalin,  Nouvelle, Thirst Pockets, KittenSoft, Nalys, Cosynel, Yumy, Soft & Easy, Volare, Onda, Lycke, Forest, Nicky, Papernet, Heavenly Soft. A member of UN Global Compact and the international WWF Climate Savers program, the Sofidel Group considers sustainability a strategic factor with regards to growth and is committed to promoting socially and environmentally responsible development.