Japanese investors acquire Santher

Japanese investors acquire Santher

M&A Equity Brazil Japan Asia

H&PC Brazil Participações, a joint venture between the Japanese firms Daio Paper and Marubeni, made a move into the Brazilian market on Thursday by agreeing to buy the local paper company Fábrica de Papel Santa Therezinha (Santher) for BRL2.3 billion ($516 million), according to securities filings. Tokyo-based Daio and the general trading company Marubeni said in a joint statement that they decided to acquire Santher, rather than take years to gain market share and grow organically through a

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial