Today we share a key milestone in our legacy of papermaking that will allow us to expand Mohawk’s brand reach and capabilities at a global scale. We are thrilled to announce that the Mohawk brand and certain assets have become part of the Fedrigoni Special Papers division.?Like Mohawk, Fedrigoni Group, believes passionately in elevating creativity through shared values, a focus on innovation, and the belief that materials ignite creative possibilities. Follow us on our journey and stay tuned for more exciting updates. #paper #paperindustry #papermaking #passion #creativity #values #innovation
We are thrilled to announce the acquisition of some assets from Mohawk, significantly strengthening the distribution of specialty fine papers in the North American market. This strategic milestone comes sixteen months after the industrial partnership between the two firms, and represents our third M&A this year.? "The acquisition of some assets of Mohawk is a testament to our commitment to increasingly better serve our customers which more and more favor nearshoring models, to reduce their environmental impact and minimize the risks of supply chain disruption." remarked Marco Nespolo. “We will now be able to produce and distribute to customers a wide range of Fedrigoni high value-added papers directly in North America, and conversely expand access to Mohawk specialty papers internationally”. Read the press release here: https://lnkd.in/d9ncZre7 #elevatingcreativity #specialpapers #strategy