July 26, 2016Trinidad Tissues Limited
Trinidad Tissues Limited
Acquisition by Grand
Bay International A.V.V
Trinidad Tissues Limited (“TTL”) is a Trinidad-based manufacturer of tissue paper products.
Pan American Finance advised Grand Bay International, an affiliate of Montreal-based Kruger Group, on the acquisition of TTL. The acquisition was completed simultaneously with the purchase of Unicell. With both acquisitions, Grand Bay gains a significant share of the Caribbean tissue paper market and develops important synergies with its existing operations in Venezuela and Guatemala.