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AUSTRIA

Delfortgroup acquires US specialty paper maker

27 Aug 2016. Delfortgroup in its second US acquisition this year purchased Shamrock Specialty Papers to better serve its North American customers, the company said.

In January the Austrian paper maker announced the acquisition of Mundet Group, which manufactures at two sites in the US and one in Mexico. Shamrock is based in Greensboro, North Carolina. Delfortgroup products include cigarette, plug wrap, tipping base papers and bobbins. Group sales last year were EUR 700 million (USD 790 million).