Attindas Acquires Italian Absorbent Hygiene Products Manufacturer
Purchase of SILC opens new opportunities in European and export markets
Attindas Hygiene Partners’ growth strategy realized an important step forward today with its acquisition of Societá Italiana Lavorazione Cellulosa (SILC S.p.A.). Attindas executed a share purchase agreement with SILC, acquiring all shares of the 53-year-old, family-owned company.
SILC S.p.A. serves customers throughout Europe with high-quality, absorbent hygiene and skin care products, produced at its manufacturing facility 22 miles southeast of Milan, in Trescore Cremasco. SILC’s customer base and product portfolio complements Attindas’strong presence in northern and southern Europe, opening new opportunities to efficiently serve both European and export markets.
“Our strategy at Attindas focuses on meeting the growing demand for essential hygiene products in North America and Europe. The acquisition of SILC will allow us to accelerate our growth agenda,” says Esther Berrozpe, chief executive officer of Attindas. “Given the geography, markets served, reputation and core values, SILC is a perfect fit to help us achieve our growth ambition.”
SILC’s customers, suppliers and other business partners will continue to experience business as usual while the company is integrated into Attindas Hygiene Partners over the next few months.