Canada's G.A. Paper International acquires UK-based Firn Overseas Packaging from Mondi

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Canada's G.A. Paper International acquires UK-based Firn Overseas Packaging from Mondi

January 19, 2014 - 23:00

TORONTO, ON, Jan. 17, 2014 (Press Release) - G.A. PAPER INTERNTIONAL INC., announces that it has acquired the merchant operation FIRN OVERSEAS PACKAGING LTD. (Firn) from the Mondi Group.

Headquartered in Hungerford, UK, Firn is a leading supplier of containerboard, packaging materials and related products, mainly to Africa and South Asia. The addition of Firn provides G.A. Paper's Group of Companies with a greater presence in Sub-Saharan Africa and the Indian Sub-Continent, both identified by G.A. Paper as key growth regions. Firn provides the Group with a talented team having a proven track record in the target growth markets.

"Firn is a good fit", said Dr Ibrahim ElGammal, G.A. Paper's corporate President. "Their team shares our spirit and entrepreneurial culture. We look forward to working with them, and are confident that our combined expertise will strengthen the Firn brand and expand our business."

"I believe that the merger of Firn's knowledge of the identified target markets with G.A. Paper's global position, size, and reach especially in neighbouring markets, will give our suppliers and customers alike a significant and distinct edge." said Dr Mohamed Azzam, President of Containerboard, and Executive Vice-President, G.A. Paper International.