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delfortgroup acquires Shamrock Specialty Papers in Greensboro, North Carolina

(Austria/USA, August 2016). delfortgroup announces the acquisition of Shamrock as a top tier tobacco paper supplier.

delfortgroup’s recent acquisition along with planned expansion will continue to enhance the group’s business objectives and commitments to its local and global customers from its Greensboro, North Carolina, facility. delfortgroup is committed to maintain the full local supply base and high quality product lines for its customers. “This acquisition is important to all of our customers as well as the total US tobacco industry as it further develops our key strength to offer tailor-made products, designs and flexible delivery schedules from a local US platform while maintaining high quality products and service”, explains Luther Cooper, General Manager, Shamrock Specialty Papers.

 

Customers will take major advantage of the combination of delfortgroup’s strengths as a global specialty paper manufacturer for the whole solution range involving cigarette, plug wrap, tipping base papers and bobbins along with a wide range of papers for specialty product applications. Additionally our outstanding innovation management and product development expertise along with product compliance know-how and active sustainability management are further enhanced with the addition of Shamrock’s local production and expertise to our group,” explains Martin Zahlbruckner, CEO delfortgroup. delfortgroup offers the highest quality products, technical know-how, supply security, a full competitive solutions portfolio for the tobacco industry and specialty paper products from its US manufacturing platforms in Greensboro, North Carolina, Richmond, Virginia, and Surgoinsville, Tennessee, along with a key office in Charlottesville, Virginia.

 

The recent investment is part of delfortgroup’s strategy to further foster its long-term partnerships with its US based customers and clearly proves the group’s strong commitment to the tobacco industry and its specialty products businesses. delfortgroup continuously strives to provide innovative and high quality solutions along with supply security utilizing a professional management team to meet growing customer demands.

 



delfortgroup AG acquires Mundet

(Austria, January 13th, 2016) delfortgroup AG has agreed to acquire all of the outstanding shares of the MUNDET group. Mundet has manufacturing sites in Virginia and Tennessee in the United States and Toluca, Mexico. The acquisition is subject to regulatory approval and is expected to close in the first quarter of 2016.

With the acquisition of Mundet delfortgroup enhances its presence in the US market and will be able to offer its customers an improved supply chain and opportunities for business solutions. delfortgroup will complement its existing product portfolio in the areas of flexible packaging and the cigarette industry. delfortgroup is a committed partner to the worldwide cigarette industry, with this acquisition it will be able to enhance its service and innovation capability to the US domestic tobacco industry.

 

delfortgroup has positioned itself as a leading innovator and manufacturer of resource saving and environmentally friendly paper products and solutions. The addition of these three manufacturing locations in the US and Mexican markets expands opportunities for supplying this portfolio to its customer base.

 

With this acquisition the three Mundet locations will now be able to offer the latest delfortgroup technologies in a cost efficient and environmentally friendly manner as part of a global distribution network. delfortgroup will invest in each of the Mundet locations to enlarge capacity, R&D and new technologies to offer customers a more comprehensive product range, service and industry standard quality systems.

 

With 2,000 employees in six plants in Austria, Hungary, Czech Republic, Finland and Vietnam delfortgroup develops, manufactures and distributes high-performance specialty papers for the tobacco, pharmaceutical and food industries. The group, headquartered in Austria, also manufactures packaging paper for fast food, thin papers for leaflets, bible and catalog printing and publications, label base paper, graphic papers and papers for electrical applications. delfortgroup will achieve a consolidated turnover of EUR 700 million in 2015. The family owned group ranks among the market leaders in various areas of the specialty paper market.

 

By acquiring the Mundet group, sales will be increased by $ 80 million and the number of employees by 290 employees. Both parties have agreed to maintain secrecy for further details of the contract.