North West Tissue Giant Accrol Buys Family-run Leicester Tissue Company For £42M

by business-live.co.uk posted 7months ago 61 views
It's been described as a 'step change' for Accrol. : The UK's leading independent soft tissue converter has acquired a Leicester-based firm for almost £42m. Blackburn-based Accrol Group announced the acquisition of Leicester Tissue Company (LTC) on Tuesday, along with the news it has conditionally raised another £38.5m through share placing. A family-run East Midlands business led by Amin Tejani, the Thurmaston tissue manufacturer supplies to more than 27 countries, and specialises in paper making and converting paper reels into a variety of tissue-based products. It was founded in 2014 and supplies UK customers including major supermarkets and value retailers.

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