17 Sep Clairfield advises crossborder sale of Premier Paper Group to Japan Pulp and Paper Company
RADMS, the holding company that owns Premier Paper Group, was sold to Japan Pulp and Paper Company Limited (JPP) in a multi‐million‐pound crossborder sale.
Clairfield International in the UK was appointed by Premier Paper to negotiate the price and terms to ensure the best deal for the Premier Paper shareholders and subsequently managed the sales process through to completion. With an annual turnover of GBP 233 million, Premier Paper is the second largest paper merchant by sales in the UK. The group has a workforce of 480 employees, operates out of 18 facilities, and has approximately 3000 customers. Premier Paper has seen continued success over recent years to become one of Europe’s most successful paper merchants and has set itself ambitious growth plans over the coming years. JPP is a GBP 4 billion turnover global company which employs 3900 people across North America, Central America, Asia, Middle East, Australasia and Europe. JPP is a business operating in many diverse sectors but with paper at its core. Clairfield International in the UK acted as exclusive financial advisor to Premier Paper Group.
Deal team: Chris Gregory and Oliver Devine