Sofidel completes acquisition of Clearwater Paper Corporation Tissue Division, becoming the fourth largest tissue paper producer in North America
Acquiring Company
Sofidel Group
Acquired Company
Augusta
SpokaneManufacturingManufacturingDescription
Sofidel, a global leading manufacturer of paper for hygienic and household use, has successfully finalized the acquisition of the tissue division of Clearwater Paper Corporation. This strategic acquisition significantly increases Sofidel's production capacity, expands its commercial offerings, and strengthens its leadership in the Private Label sector.
Quick answer
Sofidel Group is acquiring Augusta, announced November 1, 2024.
- How much did Sofidel Group pay for Augusta?
- The deal value was not disclosed.
- What does Sofidel Group do?
- The Sofidel Group, headquartered in Porcari (Lucca, Italy), is one of the leading manufacturers of paper for hygienic and household use worldwide.
- Where are Sofidel Group and Augusta based?
- Augusta is based in Spokane, Washington, United States.
- Who are the decision-makers at Sofidel Group?
- Fundz holds 1 contact at Sofidel Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- MMI Textiles completes acquisition of Jason Mills to enhance industrial textile offerings (December 13, 2024)
Who to call at Sofidel Group, and when
When Sofidel Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Sofidel Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sofidel Group, from your own LinkedIn network
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Frequently asked
Who acquired Augusta?
Augusta was acquired by Sofidel Group. The deal was reported on November 1, 2024. The Sofidel Group, headquartered in Porcari (Lucca, Italy), is one of the leading manufacturers of paper for hygienic and household use worldwide. Sofidel Group is privately held and operates in Manufacturing.
When did Sofidel Group acquire Augusta?
Sofidel Group's acquisition of Augusta was reported on November 1, 2024. Sofidel, a global leading manufacturer of paper for hygienic and household use, has successfully finalized the acquisition of the tissue division of Clearwater Paper Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Augusta do?
Augusta is a facility recently integrated into Clearwater Paper's operations, contributing to increased production capacity and operational efficiency. Specific details about Augusta as an independent entity are not extensively provided. It is privately held, operating in Manufacturing, and is based in Spokane.
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