Lucart group Acquires Controlling Stake in cartindustria Eurocarta, Strengthening European Tissue Market Position
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A strategic acquisition consolidates leadership in the Away From Home (AFH) professional tissue market, promising increased efficiency and international competitiveness.
Lucart SpA, a prominent multinational paper group encompassing the Lucart Professional, Tenderly, and Tutto brands, has finalized a binding agreement to acquire a controlling stake in Cartindustria Eurocarta Srl, a leading independent european converter of tissue products for the Away From Home (AFH) market. The deal signifies a major step toward bolstering the Lucart group’s presence in the AFH channel and enhancing its overall industrial efficiency and international competitiveness.
A Synergistic Partnership for Growth
The agreement unites two established players in the professional tissue paper sector, leveraging the commercial strengths of both organizations. According to a company release, the partnership is rooted in shared values and a commitment to long-term growth. “Cartindustria Eurocarta is the perfect partner to continue our group’s growth strategy in the AFH channel,” stated a senior official at Lucart. “Production versatility and attention to customer needs combine with Lucart’s value offering, allowing us to embrace the needs of the European professional market even more completely.”
Founded in 1993, Cartindustria Eurocarta brings over three decades of experience to the table, processing more than 40,000 tonnes of goods annually with a turnover of approximately 80 million euros. The company employs 70 individuals and stands as the largest independent European processor specializing in hygiene and cleaning products for out-of-home use.
Did you know? – The Away from Home (AFH) market refers to tissue products used in public and commercial spaces, like offices, schools, and healthcare facilities.
Strategic Location and Operational Synergies
The location of Cartindustria Eurocarta’s headquarters and production plant in Porcari, Italy, adjacent to a Lucart site, is expected to facilitate important industrial and logistical synergies. This proximity will streamline operations and optimize the value chain. “The entry of Lucart into our corporate structure represents a fundamental stage for our company,” explained Paolo Agati,Founder and President of the Board of Directors of Cartindustria Eurocarta. “This operation guarantees continuity, sustainability and solidity to the growth path we have undertaken.”
The acquisition is not solely a financial transaction but also a convergence of shared entrepreneurial values. Simona Agati,CEO of Cartindustria Eurocarta,emphasized the alignment between the two companies,stating,”With Lucart we share the same idea of a business oriented towards quality,respect for people and sustainability.” This shared vision will be crucial in navigating the evolving challenges of the sector and fostering innovation.
The integration of Lucart and Cartindustria eurocarta aims to cultivate a unified corporate culture that blends family tradition with a forward-looking approach to innovation and sustainability. the combined entity will focus on expanding its geographical reach, notably in Italy and France, where both companies have established strong customer relationships.
Pro tip: – Strategic acquisitions like this frequently enough aim to reduce costs through economies of scale and improve market access for both companies involved.
This strategic move positions Lucart as a dominant force in the Itali
Why: Lucart Group acquired a controlling stake in Cartindustria Eurocarta to strengthen its position in the Away From Home (AFH) professional tissue market,increase efficiency,and enhance international competitiveness.
Who: Lucart SpA acquired a controlling stake in Cartindustria Eurocarta Srl. Key individuals mentioned include officials from Lucart, Paolo Agati (Founder and President of Cartindustria Eurocarta), and Simona Agati (CEO of Cartindustria Eurocarta).
What: Lucart Group finalized a binding agreement to acquire a controlling stake in Cartindustria Eurocarta, a leading independent European converter of tissue products for the AFH market. Cartindustria Eurocarta processes
