The shareholders of the Northwood Companies are pleased to announce that they have successfully completed the purchase of 100% of the issued share capital of Midland Paper Products Ltd (MPP).
The shareholders of both companies have worked closely together for many years. When two out of the founding four shareholders of MPP expressed their desire to retire the natural wish of the remaining two MPP shareholders was to explore merging the MPP business with the growing hygienic paper converting companies of Northwood.
Midland Paper Products Ltd will continue to operate as an independent company and will be led by Craig Williams as Commercial Director and Mick Booth as Operations Director in close co-operation with the other converting and Tissue making businesses and the Northwood leadership team.
Paul Fecher, Northwood Chairman, comments “This acquisition brings additional resource to our market offering and continues the focus of the Northwood businesses on the UK hygienic tissue sector. The acquisition of Midland Paper Products Ltd allows us to complement our existing converting, Northwood Hygiene Products Ltd (NHP), facilities in Telford, Penygroes, Meltham and Birmingham as well as further consolidating our position as a major independent supply source to the sector. We wish both Les Lloyd and Ron Smith well in their retirement from our industry and look forward to working closely with Craig and Mick and the whole Midland Paper team as they join the Northwood family of companies”.
Craig Williams comments “This is a wonderful move for Midland Paper Products. We are entering an exciting new chapter in the life of the company which we founded in 2004 and we are now looking forward to developing the business to the next level under the Northwood umbrella”.
All contacts and communication details remain unchanged and it is business as usual at Midland Paper Products Ltd.
For further information please contact:
Paul King CEO NHP +44(0)7889 706324 email@example.com
Craig Williams MPP +44 (0)7795 643653 firstname.lastname@example.org