
WEPA Group, one of the three largest manufacturers of hygiene
paper in Europe, has announced the successful closing of the
acquisition of a majority stake in MPH1865, a leading French
manufacturer of hygiene paper and soap in the Away-from-Home
sector. The newly acquired entity will operate under the name "WEPA
Professional France".
Terms of the deal were not disclosed.
Marc Miribel will remain President of the company. Together with
his executive management team, he will foster continued growth
and manage the integration process. All existing MPH1865
industrial sites will be retained, and local production in
France will continue and be further strengthened in a targeted
manner.
Following the acquisition, WEPA will operate four production
sites in France and employ around 1,000 people there. The 260
employees of MPH1865 will be completely integrated into the WEPA
Group.
"With MPH1865, we are strengthening our international presence
in the European Away-from-Home market and systematically
expanding our position with the Satino brand," said Andreas
Krengel, Chief Commercial Officer of the WEPA Group. "Our aim is
to provide even better service to our customers across Europe
with high-performance, sustainable hygiene solutions."
The acquisition represents a long-term oriented step for both
companies and will strengthen their combined market position in
France. The WEPA Professional portfolio will be complemented by
a broad range of soaps and disinfectants, as well as non woven
wipes and personal protective equipment produced and sold by
WEPA Professional France.
About MPH1865
Founded in 1865, the French family business MPH1865 has become
one of the national leaders in hygiene paper and hygiene
solutions in the Away-from-Home sector. Based in Ardèche and
Drôme, the company operates modern, fully integrated industrial
facilities (papermaking, converting, soap production and
logistics), employs around 260 people, and produces up to 60,000
tonnes of paper per year.
WEPA Group is one of the three largest hygiene paper
manufacturers in Europe. Following its merger with MPH1865, the
family business, headquartered in Arnsberg, Germany, now employs
more than 4,500 people across 15 European locations. It produces
hygiene paper for private, public and commercial sectors — from
toilet paper and paper towels to handkerchiefs and napkins.
Source: WEPA Group