Copamex SA, a privately held Mexican paper company, bought a majority stake in Industrial Unidas de Centroamerica SA, a Nicaraguan tissue paper producer, reported Bloomberg.
Copamex purchased 70 percent of Industrial Unidas. The investment is part of its strategy to expand in Central and South America, the company said in a statement to the Mexican stock exchange. No other details were provided.
Copamex negotiated an agreement earlier this week to gain control of the Venezuelan paper maker Venepal SA
Get curated news on YOUR industry.
Enter your email to receive our newsletters.
Loading...
Explore the April 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Morssinkhof-Rymoplast Group breaks ground on Belgian plastic recycling facility
- 30 Under 30 awards return, nominations open
- Sunnking doubles processing capacity with Untha shredder addition
- Ewaste+ acquires Take 2 Recycling
- Constellium partners with Tarmac Aerosave to recycle aluminum from end-of-life aircraft
- Turmec will supply equipment to New Zealand MRF
- ATI starts up titanium sheet production
- Eriez adds ASEAN region manager
