SCA acquires Georgia Pacific

Below is a Press Release from SCA relating to their takeover of Georgia Pacific yesterday.

Below is a Press Release from SCA relating to their takeover of Georgia Pacific yesterday.

 

On the 19th of July 2012, SCA acquired the Georgia-Pacific EMEA business. The acquisition includes Georgia-Pacific’s away-from-home tissue and consumer paper products and personal care businesses and manufacturing assets across Europe, including leading away-from-home products, consumer brands and private label products. Lotus Professional is now part of SCA and customers can expect the same level of service as before.

Business will continue to operate as usual and your contacts and all other arrangements remain unchanged until further notice.

Both the management of SCA and Georgia-Pacific EMEA are determined to achieve a smooth integration of the two companies without disruption.

It is our intention to combine and utilise the strengths of both companies to further develop the range of products and services that we can offer you.

If there are any questions at this stage, please contact your current GP representative.

Does this mean less competition and higher prices in the Paper Market?