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JPP acquires British merchant Premier Paper
JPP has taken over British Premier Paper Group. According to Euwid, Japan Pulp and Paper (JPP) bought the beneficial interest in the entire share capital of of RADMS Paper Limited, the holding company that owns the Premier Paper Group, for an undisclosed sum on 5 July. Premier Paper Group is the UK’s leading independent paper merchant.
JPP is a $5bn global company which employs 3,900 people.
The existing Premier Paper management team remains in place.