NorthEdge hopes to clean up with £66m Accrol Papers deal
MANCHESTER-based private equity firm NorthEdge Capital has invested £66m in Blackburn toilet roll maker Accrol Papers.
Accrol is one of Europe’s largest independent soft tissue converters, with manufacturing capacity of 80,000 tonnes a year. It supplies many of the discount retailers which have enjoyed strong growth during the recent downturn.
The £100m turnover business was founded by Jawid Hussain 20 years ago and is now run by his three sons Majid, Wajid and Mozam. The size of NorthEdge's stake was ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...