Unisource Expands Paper Presence in Europe
Unisource Worldwide today announced it has completed the acquisition of Euro-Papier, one of Europe’s largest paper suppliers with an emphasis on the eastern portion of the continent. Based in Belgium, Euro-Papier, which will be renamed Graph Comm International, has 12 country offices – Austria, Bulgaria, Bosnia-Herzegovina, Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia and Slovenia.
Graphic Communications, Unisource's print and paper brokerage, is said to sell more than 1-million tonnes per year of coated and uncoated paper. Euro-Papier claimed to annually deliver over 470,000 tonnes of paper from its 38 warehouses and selection of more than 5,000 products. The company has around 800 employees.
"This acquisition significantly strengthens our market position throughout Europe," Al Dragone, Unisource CEO, stated in a press release. "We will continue to pursue strategic acquisitions that expand our operations both within and outside North America.”
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