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Fedrigoni completes acquisition of Arjowiggins China

Paper Solutions


The Fedrigoni Group, after concluding an industrial agreement a year ago with Arjowiggins HKK3 Limited, owner of the Arjowiggins China Group, announced that it had finalised the acquisition of the entire share capital of Arjowiggins HKK3 Limited on December 29, 2023.

 

The Quzhou based paper mill, located in Zhejiang province, is a leader in the production of translucent papers, sold under the Gateway and Sylvicta brands, for applications ranging from industrial design and graphics to food, consumer electronics and luxury packaging.

 


‘With its first paper mill in China Fedrigoni can now strengthen its geographic presence in the Asian market, where it already has an extensive distribution network in China, Hong Kong, the Philippines, Indonesia, and Bangladesh, including 11 warehouses, a self-adhesive materials manufacturing plant in Hefei and an RFID inlays and tags manufacturing plant in Guangzhou,’ said  Marco Nespolo, CEO at the Fedrigoni Group. ‘The deal will also enable the group to further expand its product portfolio in the translucent paper segment, which has the potential to increasingly replace plastic in packaging as a fully recyclable monomaterial.’

 

 

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