Bracell signs agreement to acquire OL Papéis; tissue integration accelerating in Brazil
SAO PAULO, January 18, 2023-
Brazilian bleached kraft and dissolving pulp producer Bracell confirmed on Friday January 13 that it has signed an agreement to acquire tissue producer OL Papéis, noting that the deal is aligned with its intention to start producing tissue in Brazil and expand its operations in the country.
The deal follows several other acquisitions that have taken place in the Brazilian market recently. These transactions are further integrating this market, making the competition landscape tougher for small and medium-size companies that depend on market pulp.
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