Close

Sofidel signs agreement with German hygiene paper company Hakle to acquire Hakle trademark, other brands, intellectual property and domains; transaction allows Hakle to continue paper production, processing under new name at the Düsseldorf-Reisholz site

PORCARI, Italy Mar 29, 2023 Press Release 1 min read

Exclusive Industry Insights

By submitting, you agree to our Privacy Policy

Share this article:

PORCARI, Italy , March 29, 2023 (press release) –

Sofidel, one of the world’s leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, is pleased to announce that it has entered into an agreement with Hakle GmbH to acquire Hakle trademark and other brands.

More specifically the framework of the agreement includes the acquisition by Sofidel of well-known consumer brand Hakle and other important brands (such as Dick&Durstig and Servus), along with IP (intellectual property) rights and Domains.

The signed transaction structure allows Hakle GmbH to continue to produce with paper production and paper processing under a new name at the Düsseldorf-Reisholz site.

This acquisition strengthens our positioning in the European consumer brands market” states Luigi Lazzareschi, CEO of the Sofidel Group.

Our perseverance in the bidding process was as correct as important. We were able to win over an owner-managed strategic investor to realign us” explains Volker Jung on behalf of Hakle GmbH.

The acquisition will become effective upon completion of the authorization process required by applicable legislation.

 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistribute or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Stay Ahead of Changes

Don't Wait. Stay Informed.

The world and your industry are changing too fast. You need to know what's happening, and our Legislation Monitor can help. It's a critical resource for anyone who wants to stay ahead of regulatory and legal challenges. Then, discover the other ways that Industry Intelligence Inc. can help your business.

Cookie Preferences

This website uses cookies to enhance your browsing experience, analyze site performance, and deliver personalized content. We use a minimal cookie to remember your preferences. For detailed information about our cookie usage, please review our Privacy Policy.