Shareholders of Northwood Companies have announced the successful purchase of 100% of the issued share capital of KPP Converters Ltd.
KPP, a supplier of away-from-home tissue products, will continue to operate as an independent company out of its Ilkeston site as a subsidiary of Northwood Hygiene Products Ltd (NHP).
Former KPP owners, Cliff Arnold and David Vaughan, will continue in the business to ensure a smooth transition as it’s integrated into the wider Northwood AfH businesses.
Paul Fecher, Northwood Chairman, commented: “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 added: “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’s business as usual at KPP.
