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Northwood has acquired the trade and assets of the whole Sidcot Group, comprising of the recycled tissue mill at Chesterfield and the converting operations of Matryx, Techcel and Negociar.

It has also acquired the trade and assets of Dicepa Papelera in Enate, Spain, as well as the trade and assets of the converting plant of Manipa in Madrid, this move will give the wider Northwood Group fresh access to the markets in Spain and mainland Europe.

The two acquisitions will bring additional valued recycled tissue production and further increase the security supply for the converting papers needed by the Northwood companies.