Consumables

Favini completes assets acquisition

Friday 05. June 2009 - Favini S.r.l., the specialist paper manufacturer, announces that it has completed the acquisition of the assets of Favini Spa.

On November 27th 2008, the Italian court had formally approved the “Concordato Preventivo” procedure of Favini Spa. The approval was the legal rubber stamping of a process which had included the transfer of all contracts in May to Favini S.r.l., followed by the creditors approval of the liquidating company’s proposal in August.