IMAP is pleased to announce that Softys acquired Papelera Panamericana for USD 14 million.
Papelera Panamericana is the market leader of paper tissue products in southern Peru, with a particularly strong presence in the country’s second largest city Arequipa with more than 60%of market share. Its product portfolio includes popular brands such as Ideal and Ego. In 2018, the company reported revenues of around USD 17 million.
Softys is a holding company of Chilean based CMPC, one of the world’s biggest pulp and paper companies. Softys’ hygiene and personal care products are distributed throughout several Latin American countries.
IMAP Peru acted as Sole Financial Advisor to Papelera Panamericana on the transaction.
With more than 20 years of track record, Szkaliczki has grown into a dominant player in the field of logistics tray manufacturing, supplying the automotive and electronics industries.
Production continues to be stopped at Volvo Cars factory in Skövde and only a few employees are in place. But you see positive signs from China, which means that plans to start the business after Easter as planned.
