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Lucart grows UK presence through Essential Supply acquisition
26th of March 2021
Tissue producer Lucart, based in Italy, has acquired Essential Supply Products (ESP) in the UK as part of its strategy to grow its presence in the away-from-home market there.
The relationship between the two companies dates back over 10 years as some of the paper processed at the ESP site comes from the Lucart mills.
Lucart ceoMassimo Pasquini said: "Essential Supply Products' position, market and product range bring important synergies to other parts of the Lucart Group and as the UK is the second largest market for tissue paper products, this strategic acquisition will allow us to grow our presence in Great Britain.
"We have overcome the uncertainties generated by Brexit and the COVID-19 pandemic. Completing this important further step for the future development of the Lucart Group."
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