Japan Pulp And Paper Company Limited has acquired 49% stake in Kolkata based KCT Trading Private Limited.
The acquisition will enable the JPP Group to strengthen its sales network in the Indian paper market. The sale of a minority stake to an international paper trading Company will provide KCT more cost effective and broad based sourcing opportunities, as well as the impetus to continue its growth in the Indian market.
Langham Capital acted as financial advisors to KCT Trading on this deal.
Japan Pulp and Paper, a $6Bn paper and related products company with a presence in over 28 countries.
KCT Trading is a wholesale paper trading company. It was previously a division of Karam Chand Thapar & Bros. Ltd. Karam Chand Thapar is a part of Thappar group which has diverse range of industries including: paper, engineering, electrical, electronics, telecommunications, textiles, man-made fibres, glass, bio-technology, aquaculture, construction and chemicals.
The company distributes paper for both domestic and international paper manufacturers. Domestic suppliers include: BILT, TNPL, Naini Tissues Ltd., Shreyans Industries Limited, Trident and APPM and international suppliers include: Asia Pulp & Paper and April Fine Paper.
Recently, US based International Papers was planning to acquire Century Textiles' paper business in India for about R2000Cr.
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5266
4252
1210
4571
1161
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24579
42
4143
36575
4119
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2099
565
4675
37417
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33231 |
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KVEZAR VIEW
| Date | Type | Buyer | Target | Size ($mn) | State |
| 09/04/2013 |
M&A |
SKI Carbon Black (India) Private Limited |
Aditya Birla Nuvo (Carbon Black) |
265.17 |
Completed |
| 18/03/2013 |
M&A |
Gerdau S.A |
Gerdau Steel India Limited |
- |
Completed |
| 19/12/2012 |
M&A |
Halonix Limited |
International Lamps Holding Company SA |
- |
Completed |
| 23/11/2012 |
M&A |
Huhtamaki Paper Products Limited |
Webtech Labels Private Limited |
8.83 |
Completed |
 |
Langham Capital |
