News within the industry of pulp and paper, Dec, 13 2017
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Aurelius acquires board packaging specialist Abelan

Photo: Abelan
Photo: Abelan
Published by
Simon Matthis - 04 Dec 2017

Aurelius Equity Opportunities SE & Co. KGaA announces the acquisition of Abelan Board Industrial S.L., a major producer of core board and solid board packaging products operating out of Southern Europe, from PHI Industrial. Equity Opportunities SE & Co.

KGaA announces the acquisition of Abelan Board Industrial S.L., a major producer of core board and solid board packaging products operating out of Southern Europe, from PHI Industrial. The financial terms of the deal are undisclosed; completion of the transaction remains subject to clearance of customary conditions.

Abelan has two key areas of expertise: the production of core board, for cardboard tubes, boxes and other applications within packaging, and its solid board packaging division, which supplies a large variety of boxes and trays to major distribution brands in the European agricultural, meat, flower and various other industries.

Managing Director of Abelan, Simón Roda, will continue to lead the Company.

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