Northwood Acquires All Issued Share Capital of UK tissue supplier KPP Converters
Print this Article | Send to Colleague
The shareholders of the Northwood Companies have announced that they have successfully completed the purchase of 100 percent of the issued share capital of KPP Converters Ltd (KPP). KPP, a supplier of away from home (AfH) tissue products, will continue to operate as an independent company out of its site in Ilkeston as a subsidiary of Northwood Hygiene Products (NHP). The former KPP owners, Cliff Arnold and David Vaughan will continue in the business to ensure a smooth transition as it is integrated into the wider Northwood AfH businesses.
Paul Fecher, Northwood chairman, comments “This acquisition brings additional resource to our market offering and continues the focus of the Northwood businesses within the UK hygienic tissue sector. The acquisition of KPP Converters Ltd allows us to complement our existing converting facilities in Telford, Penygroes, Bromsgrove, Lancaster and Birmingham as well as further consolidating our position as a major independent supply source to the sector. We look forward to working closely with Cliff and David and the whole KPP team as they join the Northwood family of companies.”
Vaughan comments “Having known the owners of Northwood for many decades we are pleased to have successfully assured the continuity of the business and employment for our staff as well as enlarge the product range the Northwood Brands will bring to the KPP customers.”
All contacts and communication details remain unchanged and, in all respects, it is business as usual at KPP. Back to Tissue360 Newsletter |