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German paper group WEPA Group, headquartered in Arnsberg, has acquired Dutch paper producer Van Houtum in Swalmen. WEPA Group has 3,000 employees across eleven European sites. The deal was reported on 10 May 2017.
WEPA Hygieneprodukte signed an agreement to acquire all shares of Dutch Van Houtum Group Holding B.V., a producer in Swalmen with about 200 staff and around EUR 60 million in revenue, pending antitrust approval. The price was not disclosed.
