Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, Central Europe’s fastest-growing consumer tissue producer, from Abris Capital Partners and plans to build value through initiatives including expansion in Central Europe and beyond.
Velvet CARE is one of the largest manufacturers of hygiene tissue products in Central Europe, with more than 850 employees in Poland and Czechia.
Since 1996, Partners Group has invested USD 200 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. The firm employs more than 1,800 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006.
Velvet CARE divestment by Abris Capital Partners takes place after five years of dynamic growth. Factors driving the growth include investment in production technology, infrastructure and automation, which allowed a significant increase in the scale of production, making Velvet CARE the industry leader in sustainable growth.