08 July 2019

JAPAN PULP & PAPER ACQUIRES PREMIER

Japan Pulp & Paper Acquires Premier Paper Group in the UK

In the deal JPP has acquired the entire share capital of RADMS Paper Limited, Premier's holding company.

Premier Paper Group is the second largest paper merchant by sales in the UK with an annual turnover of 233 million and a workforce of 480 employees.

Turning over $5bn (4bn), JPP is a global company that employed 3,900 people prior to the acquisition across a raft of sectors, including property, ICT systems, renewable energy, recycling, paper manufacturing - mainly tissue and packaging papers - and paper distribution.
The business has operations in North America, Central America, Asia, the Middle East, Australasia and Europe - including Japan Pulp & Paper GmbH in Germany and Price & Pierce in Finland -and is best known in the UK for its publishing merchant Gould Paper Sales.