Northwood Paper, Tissue and Hygiene has acquired the trade and assets of the whole Sidcot Group, comprising the recycled tissue mill at Chesterfield and the converting operations of Matryx, Techcel and Negociar. This brings additional valued recycled tissue production and converting capacity to the Northwood production platform.
Paul Fecher, Northwood’s chairman, said: “I have known Nigel Samuel for over 20 years, and I am pleased we’ve been able to assist with his desired exit from the trade. Northwood was identified as the most suitable company able to acquire the activities and with the resources needed to conclude the purchase of all the trade and assets of the Sidcot Group in a short timeframe. We look forward to being able to offer our new colleagues in Oldham and Chesterfield a bright and secure future as we further develop our vision of making Northwood the supplier of choice to the paper hygiene sector.”
The integration of Chesterfield with the recycled tissue mills in Disley and Lancaster, as well as the recently acquired paper mill in Enate, Spain, brings the important benefit of security of supply to Northwood’s vertically integrated business model. The converting lines in Oldham complement the converting plants in Telford, Penygroes, Bromsgrove, Ilkeston, Lancaster, Birmingham, and Madrid. All personnel based in Oldham will transfer over to Northwood Hygiene Group and the Chesterfield personnel and business will start operating as Northwood Tissue (Chesterfield) Ltd. Naturally all day to day contacts will remain unchanged.