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.
IMAP closed 193 M&A transactions valued at over $7.0 billion in 2020, down from the 7 year high of 235 deals closed in 2019.
GMD holds 12 food retail stores in the Azorean Autonomous Region, on the São Miguel, Santa Maria and Pico islands, and 1 wholesale cash and carry store on São Miguel island.
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