# LEIPA acquires 49% stake in Gratenau & Hesselbacher to expand overseas sales

LEIPA Group GmbH acquired a 49% holding in Hamburg-based paper trading and agency firm Gratenau & Hesselbacher GmbH to strengthen its sales activities, particularly overseas.

- Type: Acquisition
- Announced: 2017-01-09
- Where: Hamburg, Germany
- Status: completed
- Products: magazine paper, test liner, packaging board

## Companies

- [Leipa](https://endata.com/companies/216.md) (acquirer)
- [Gratenau & Hesselbacher](https://endata.com/companies/719.md) (target)

## Sources

- [lesprom.com](https://www.lesprom.com/en/news/LEIPA_acquires_49_holding_in_Gratenau__Hesselbacher_in_Germany_76801/), 2017-01-09: "LEIPA Group GmbH, Schwedt/Munich, acquired a 49% holding in Gratenau & Hesselbacher GmbH (G&H), Hamburg, to strengthen the sales activities of the LEIPA group of companies."

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