# Japan Pulp and Paper bids EUR 25M for Inapa France in insolvency process

Japan Pulp and Paper submitted a binding proposal on September 24, 2024 to buy 100% of Inapa France from its insolvency administrator for EUR 25 million, based on an enterprise value of EUR 73.1 million. The offer competes with a EUR 20 million bid from Next Pack for the packaging business.

- Type: Acquisition
- Announced: 2024-09-24
- Where: France
- Value: $27.3M (25.0M EUR)
- Status: announced
- Products: paper, packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Japan Pulp and Paper](https://endata.com/companies/1487.md) (acquirer)
- [Inapa France](https://endata.com/companies/12318.md) (target)

## Sources

- [essential-business.pt](https://www.essential-business.pt/2024/09/25/japan-pulp-and-paper-in-bid-to-buy-inapa-in-france-for-e25-million/), 2024-09-25: "Japan Pulp and Paper has made an offer to buy Inapa France for €25 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.