SCA Hygiene products

Type
Merger/Acquisition
Country
France
Region
Auvergne-Rhône-Alpes; Rhône-Alpes; Loire
Location of affected unit(s)
Roanne (Loire)
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17 - Manufacture of paper and paper products
17 - Manufacture of paper and paper products
200 jobs
Number of planned job creations
Job creation
Announcement Date
29 January 2007
Employment effect (start)
1 June 2007
Foreseen end date
1 January 2010

Description

Leicester Paper Company (LPC), the British manufacturer of non woven paper, announced on 29 January 2007 that it had acquired SCA Hygiene. The company, located in Roanne (in Loire) and employing 44 people, belonged to the paper manufacturer Svenska Cellulosa.

LPC wants to triple the production of toilet paper. In order to do so, it announced that it will recruit 200 employees between June 2007 and January 2010 and that it will invest 85 million euro in the unit.

Sources

  • 31 January 2007: Le Progrès
  • 30 January 2007: Les Echos

Citation

Eurofound (2007), SCA Hygiene products, Merger/Acquisition in France, factsheet number 64857, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64857.