Metalicplas Distribution, member of Pehart Tec Group, controlled by Abris Capital Partners and businessman Ioan Tecar, has finalized a 20 million EUR investment in a new production plant for tissue paper and other paper products. The project was developed between 2012 and 2015 on the industrial platform of Dej with a 10 million EUR state aid. The investment created 100 workplaces.
Investment fund Abris Capital acquired in 2015 tissue paper manufacturer MG-Tec, which includes companies Pehart Tec, Metalicplas Distribution, Metalicplas Impex and Samus Constructii. As part of the transaction, Abris took over the 25% stake held by the European Bank for Reconstruction and Development (EBRD) at Pehart Tec factory in Petreşti (Alba). The business of 114 million euro in 2013 and over 1,000 employees founded by businessman Ioan Tecar produces tissue paper, toilet paper, kitchen towels and napkins, the best known brands of the company being Pufina and Alint.
by Mihaela Constantin