Acquisition comes out of the paper

Last Monday (29), the Japanese companies Daio Paper Corporation and Marubeni Corporation took over the management of Santher S.A., manufacturer of items such as toilet paper, scarves and napkins. The acquisition, announced in February, involved 100% of Santher's shares and moved R$ 2.303 billion. According to the companies, the goal is to boost business growth with the implementation of technologies, new products and operational processes. Santher's portfolio, which produced about 180,000 tons of paper per year, includes brands such as Personal, Snob, Kiss and Sym, as well as Santher Professional and Specialty Papers, which belong to the B2B Business Unit. Daio currently has a presence in the category of household products and personal care, while Marubeni supplies pulp and cardboard.