Sappi Italia srl, Sappi Europe’s Italian sales organisation, signed an agreement on December 23rd 2014 to acquire Corexim, Sappi’s agent for Release Paper in Italy since 1979.
Pablo Grounauer (71), CEO and owner of Corexim took the decision to sell his business to Sappi. He will gradually cease activities within the company, handing over to Mrs Iris Scharloo, Business Unit Manager Release Paper Sappi Europe, who will replace him on the operational side. Corexim employed 4 people who will continue in their current jobs, now working for Sappi Europe.
Business will continue as usual following the acquisition, with no impact on customers since the people, location and contact information remain unchanged.
“We thank Mr Grounauer for his fantastic work and the successful management of the agency over the years. He has a great understanding of the market, thorough knowledge of the products he sells and an eye for good designs, developing many successful Sappi patterns that are sold all over the world. Sappi and Corexim have established a strong relationship over the years. On this basis, Sappi is very excited about the acquisition,” says Roberto Guerrera, managing director Sappi Italia.
Mr Grounauer adds "I’m happy that Corexim is in the good hands of Sappi Europe. I’m confident that it is a good fit and that the acquisition will benefit us all. I am especially pleased that the Corexim team will remain in place, reflecting their commitment, passion and professionalism – values that I have worked hard to establish within the company.”
About Sappi Warren Release Paper
Release paper is used as a mould to put texture on other surfaces, ranging from manmade wood and leather to engineered films and rubber. The textures are developed and produced in Sappi’s Westbrook Mill in America and are sold to Europe, the Middle East and North Africa by our teams based in Belgium and Italy. Release paper is used to manufacture products that surround us in our everyday lives from sports gear, shoes and handbags, sofas and chairs, laminate flooring, work surfaces and waterproof clothing, to aircraft and car interiors.