Northwood completes KPP purchase


Northwood completes KPP purchase

The shareholders of the Northwood Companies have successfully completed the purchase of 100% of the issued share capital of KPP Converters Ltd (KPP).

KPP, a supplier of away from home tissue products, will continue to operate as an independent company out of its site in Ilkeston as a subsidiary of Northwood Hygiene Products Ltd (NHP). The former KPP owners, Cliff Arnold and David Vaughan, will continue in the business to ensure a smooth transition as it is integrated into the wider Northwood AfH businesses.

Paul Fecher, Northwood chairman, said: “This acquisition brings additional resource to our market offering and continues the focus of the Northwood businesses within the UK hygienic tissue sector. The acquisition of KPP Converters Ltd allows us to complement our existing converting facilities in Telford, Penygroes, Bromsgrove, Lancaster, and Birmingham as well as further consolidating our position as a major independent supply source to the sector. We look forward to working closely with Cliff and David and the whole KPP team as they join the Northwood family of companies.”

David Vaughan said: “Having known the owners of Northwood for many decades we are pleased to have successfully assured the continuity of the business and employment for our staff as well as enlarge the product range the Northwood Brands will bring to the KPP customers.”

All contacts and communication details remain unchanged and in all respects it is business as usual at KPP.

www.northwood.co.uk

Visit: http://www.northwood.co.uk
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