BRUSSELS , Jan. 9, 2013 (RISI) -
Italy's Sofidel might become the new owner of part of Georgia-Pacific's (G-P) tissue business in the UK, Ireland and the Benelux countries. SCA and Sofidel signed a sales agreement for the former G-P manufacturer branded business in these countries in December.
The deal is part of SCA's acquisition of G-P's European tissue business, which was closed in July last year. At the time, the European Commission found that the proposed transaction, as initially notified, would have raised competition concerns in the UK and Ireland regarding the production and supply of both manufacturer branded and private label toilet paper and household towels. Similar concerns were identified in Sweden for the production and supply of private label toilet paper and household towels, and in the Netherlands for the production and supply of branded household towels.
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