Core Insights - Grigeo Group AB's subsidiary Grigeo Hygiene UAB has acquired 100% of Huchtemeier Papier GmbH, marking its entry into the German market [1] - Huchtemeier Papier GmbH specializes in supplying hygiene paper, napkins, and paper raw materials to various customers, including wholesalers and specialized retailers [1] - In 2024, Huchtemeier Papier GmbH reported sales of €92 million and an EBITDA of €2.6 million [1] Financial Details - The acquisition was financed through the funds of Grigeo Hygiene UAB [1] - Huchtemeier Papier GmbH's sales performance indicates a strong market presence with significant revenue generation [1]

Group Performance Summary - The Grigeo Group AB achieved a consolidated sales turnover of EUR 116.7 million over the first six months of 2025, an increase of EUR 12.4 million compared to the same period in 2024, representing a 12% growth [1][4] - The Group reported a profit before taxes of EUR 9.7 million, which is EUR 2.3 million less than the same period in 2024, indicating a 19% decline [2][4] - EBITDA for the Group decreased by EUR 0.9 million to EUR 15.8 million, reflecting a 5% decrease compared to the first half of 2024 [2][4] Management Commentary - The CEO, T. Jozonis, expressed satisfaction with the stability and growth in sales, despite challenges such as a slowed economy and fluctuating raw material prices [3] - The Group is focused on strengthening its market positions in the Baltic States, Scandinavia, and Western Europe, with over EUR 106 million invested in the hygiene paper segment [3]