Curtis Fine Papers hopes to benefit from more capital investment after its parent group, Crown Vantage, was bought by US-based private equity fund KPS Special Situations Fund.
We are looking at this very positively, said Curtis Fine Papers sales and marketing director Janey Hunter.
They have asked us to look at new capital investment, which under the ownership of Crown Vantage was virtually impossible due to its financial situation, she added.
KPS was formed in 1998 and acquired Blue Ridge Paper and Blue Heron Paper Company in 1999.
Hunter added that Curtis would launch two new text and cover products in the first half of this year, along with a number of technical speciality products.
Curtis Fine Papers has a turnover of 44m and produces around 40,000 tonnes of speciality, security and branded papers. It is best known for its Classic and Conservation paper brands.
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