Papyrus Holding becomes OptiGroup
Mölndal (Sweden), 3 April 2017 – Papyrus Holding AB, a Triton Fund II and Altor Fund II company, has changed its name to become OptiGroup AB (OptiGroup).
“The natural extension of our strategy to strengthen our businesses and diversify into new sectors leads us to re-name our Holding company the OptiGroup. It fits well with our ambition to help our customers to optimise their business by providing the products and services that they need,” said Christoph Sander, Chairman and CEO of OptiGroup.
There will be no changes for the employees and customers. Papyrus will continue to be the strongest brand in the market for graphical printing customers. Procurator, VeliMark, Supplies Direct, Olsonic and our other businesses within the OptiGroup will lead our development and expansion in the customer segments that they serve.
With net sales of EUR 1.5 billion in 2016, OptiGroup is a leading business-to-business distributer of business essentials and provides more than 65,000 customers across 19 countries in Europe with Safety solution, Facility solutions, Industrial Packaging solutions and Printing & Creative solutions.
For further information: www.optigroup.com
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 29 companies currently in Triton's portfolio have combined sales of around €13.8 billion and around 76,000 employees.
The Triton funds are advised by dedicated teams of professionals based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, Luxembourg and Jersey.
For further information: www.triton-partners.com