JOOL Invest secures liquidity for growth – partnership with Lessebo Paper

Bergisch Gladbach – The German Zanders Paper GmbH increases production based on the strong order situation. Shareholder JOOL Invest AB secures the liquidity for growth. Since the start of the engagement in Zanders Paper, JOOL contributed further experience and a large network in the paper business, which has a positive effect on purchase conditions as well as the development of new sales markets.

Zanders Paper already had a joint stand with Lessebo Paper, a Swedish paper mill that also belongs to the JOOL group, at the "Luxury Packaging 2019" fair in London (11-12 September). The two paper producers will present themselves together as well at “Labelexpo” (24 - 27 September, Brussels, stand 4C 32) to share existing business contacts and to move into new markets.

Terje Haglund, managing director at Zanders Paper: “With Jool Invest as shareholder, we successfully complete the restructuring of Zanders Paper and realize the planned growth. Many thanks to everyone involved for showing faith in the future of Zanders Paper.” In particular, the cooperation with the works council and the trade union IGBCE has been very constructive in the last months, Haglund said.

Zanders Paper will by the stronger financial position accelerate the development of Zanbarrier, a range of oil and grease resistant papers for food packaging, focussing on the fluorocarbon-free Zanbarrier NGR (Natural Grease Resistant). The progression of the high-speed inkjet paper Zanjet, which is currently available coated in gloss and silk, is also being driven forward: trials with grades for completely new applications are already in progress. At the same time, the order situation is strong for the traditional brands Chromolux, Zanlabel, Zanpack, Silver Digital, RX Nature and Zankraft.

Joint stand of Zanders Paper and Lessebo Paper at "Luxury Packaging 2019" fair in London (from the left): John Tucker (Sales Director Zanders Paper), Lars Forsberg (Lessebo Papers) and Tom Olander (CEO Jool Invest) present the new cooperation of the two paper mills. Photo by David Weston for Zanders Paper.