The Heinzel Group has now completed its acquisition of Europapier, the leading paper merchant in the CEE countries. The closing has taken place on November 10, 2010. This transaction makes the Heinzel Group the sole shareholder of Europapier.

Through this acquisition, the Heinzel Group intends to strengthen its position and expand its pan European operation while continuing its growth strategy said Mr. Werner Hartmann, Member of the Europapier Board, when asked about the new developments in the ownership of Europapier. Europapier is very much looking forward to writing a new chapter in the distribution of its diverse product portfolio.
Together with Europapier the Heinzel Group becomes a leading trading and merchant company in CEE with a total volume of around 1,2 Mio tons sales volume.

The new owner structure will allow Europapier to gain access to an even broader range of products. Customers can now choose from a world wide product range, thus making Europapier an even stronger one-stop-shop partner. In the current world the newly merged company will be a more reliable and sustainable partner. The Heinzel Group is committed to further market expansion and is continuing its strides towards increased growth in volume and earnings by focusing on new business opportunities with a unique combination of industrial know how and worldwide market expertise. Environmental sustainability and environmentally friendly behaviour is on the agenda at Europapier as well as the Heinzel Group. This shared commitment to sustainable solutions as well as comprehensive customer support will be continued in the future.

Europapier AG is an internationally operating group and aspires to perform above industry standards in producing long-term, sustainable profits.
By sales volume it is one of the most important paper merchants in CEE and a pioneer in this market. Europapier AG employs around 790 people and has a sales volume of around 445.000 tons.

The Heinzel Group is a leading market pulp producer in CEE and a global trading company for pulp and paper. The company has a total sales volume of around 2.4 million tons. The Heinzel Group has 22 sales offices worldwide and production facilities in Austria, the Czech Republic and Estonia.