Grigeo Group Subsidiary Grigeo Hygiene Acquires German Company Huchtemeier Papier GmbH

On October 1, 2025, Grigeo Group AB's subsidiary, Grigeo Hygiene UAB, completed the acquisition of 100% shares in German company Huchtemeier Papier GmbH. Huchtemeier specializes in supplying hygiene paper, napkins, and paper raw materials to wholesalers, retailers, and industrial clients. In 2024, the company reported sales of €92 million with an EBITDA of €2.6 million. The acquisition is fully financed by Grigeo Hygiene UAB’s own funds and marks an important strategic step for Grigeo Group to expand its footprint in the German market. This move supports Grigeo’s broader growth and diversification plans in the hygiene paper sector across Central Europe.