Papyrus Norge AS (Papyrus), a Sweden-based manufacturer and supplier of graphical paper, office paper, packaging products and consumables, has expanded its business in Norway with the acquisition of Arto Emballasje AS. The price and terms of this transaction have not been disclosed.
Arto Emballasje is specialized in the wholesale of industrial packaging. The company sells primarily to customers in the Oslo area. Arto Emballasje is going to continue operating under its current name, but it will be an important supplement to Papyrus’ commitment in Norway and Europe.
Papyrus is a leading European merchant in paper, facility supplies and industrial packaging. The company is currently present in 22 countries across Europe, with its head office located in Göteborg, Sweden. The company has a clearly defined strategy with the aim of becoming the market leader for industrial supplies and packaging in the Nordic region. The acquisition of Arto Emballasje is fully in line with this strategy.
Oaklins' team in Norway acted as the exclusive financial advisor to the shareholders of Arto Emballasje in this transaction.
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