Abris Capital Partners supports Velvet CARE's acquisition of Polish tissue manufacturer Almus to enhance its market leadership and growth prospects.

Information on the Target

Velvet CARE, the largest independent tissue manufacturer in Poland, is poised to enhance its market position through the acquisition of Almus, a well-established family-owned tissue converting business. Almus specializes in producing high-quality toilet paper and kitchen towels, available in both branded and private label formats. The company boasts a robust asset base, featuring five state-of-the-art converting lines with an aggregate capacity of 70,000 tonnes per annum. Over the past few years, Almus has shown steady growth, further solidifying its reputation in the industry.

Industry Overview in Poland

The tissue manufacturing industry in Poland has experienced significant growth, driven by rising consumer demand for quality hygiene products and an increasing focus on sustainability. The market has been characterized by heightened competition among local and international players, leading to constant innovation and product diversification. This growing demand is also influenced by shifts in consumer behavior towards more environmentally friendly products, further pushing manufacturers to align with ESG principles.

In recent years, the Polish market has seen major players intensify their operations through technological upgrades and strategic acquisitions, aiming to enhance their market share and operational efficiency. Established companies have also focused on expanding their