Painsa Holdings, S.A.
Acquisition of Papelera
Painsa Holdings, S.A. (“Painsa Holdings”) is an affiliate of Montreal-based Kruger Group and the parent company of Papelera Internacional, S.A., a Guatemala-based manufacturer and marketer of tissue paper products.
Pan American Finance advised Painsa Holdings on the acquisition of a majority stake in Papelera Istmeña S.A., the leading manufacturer and marketer of tissue paper products in Panama. With the acquisition, Painsa Holdings gains a foothold in the southern part of Central America and continues its regional expansion.