Loparex Group Sale Completed
ABN AMRO Capital has announced the completion of its EUR 230 million management buyout of Loparex Group, the world's leading producer of release papers and films. This is ABN AMRO Capital's third acquisition this year in the Nordic region, and its fourth transaction overall. Loparex holds a 21% share of the global release liner market. It has strong positions in North America and Europe, as well as a growing share in Asia, with operations in China and India. The company offers the widest range of available technologies and concentrates on developing high-quality release liners for the graphic arts, label, medical, hygiene, tape, and industrial segments. All nine production facilities are part of the transaction, a purchase from the Finnish listed pulp and paper group UPM-Kymmene. 2004 turnover for Loparex Group was EUR 337 million.