Tuesday, 14 July 2021 09:57

Intellectual property assets of paper companies go up for sale

Metis Partners has been appointed to sell the intellectual property assets of Tullis Russell Papermakers and PaperlinX.

The Tullis Russell Papermakers IP assets are for sale following an instruction from administrators, KPMG to Metis Partners.

The IP assets of paper industry business, PaperlinX are for sale following an instruction from administrators, Deloitte to Metis Partners.

Tullis Russell was founded in 1809 and the Fife-based manufacturer went into administration earlier this year. It has a lengthy, and highly-respected record of UK and export sales of paper products to over 120 countries with brand names including “Trucard”, “Mellotex” “Lustrulux” and “Gemini”.

End-users include L’Oreal, Chanel, Hallmark, Swarovski and Finlandia.

PaperlinX is a widely-recognised international paper merchant whose customers include high street retailers such as Marks & Spencer and supermarkets Tesco and Sainsbury’s.

It trades under such prominent corporate brands as Robert Horne, Howard Smith, Donald Murray Paper and The Paper Company, which carry considerable heritage value and a market presence dating back to the early 20th century.

Popular product brands available for sale include tinted paper product brand Fizz, self-adhesive paper brand Core and ivory board product brand Royal Kent as well as a selection of recycled paper brands such as Revive, 9lives and Greencoat.

Over 200 brands and trade marks associated with PaperlinX, as well as over 80 domain names, are for sale.

Nat Baldwin, Head of Corporate Recovery at Metis Partners, said: “This is a unique opportunity to purchase the intellectual property assets of long established paper businesses, whose products are globally-recognised.

“The assetsare likely to appeal to companies wishing to acquire attractive and established brands which are recognised in the UK and internationally.

“We have already received offers and expressions of interest from paper manufacturers, distributors and merchants throughout the world and are confident of successfully completing the sale of these valuable assets shortly after the official deadline for offers on Wednesday 15th July.”

The sales reinforces Metis Partners’ position as a broker of the intellectual property of leading consumer and retail brands. Recent successes by Metis Partners include IP sale of brands including MFI, Land of Leather, Ortak, and Internacionale.

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