Pro-Gest presented a binding offer for the purchase of Burgo's Mantova paper mills in Italy

Tuesday, Apr 07, 2015

The Pro-Gest Group has presented a binding offer for the purchase of the historic Burgo paper mills in Mantua, Italy, as the company said in the press release received by Lesprom Network.

Burgo Group's Board of Directors noted the binding commitment of the Group of Ospedaletto and considering the industrial value of the project has accepted the offer.

The stated goal of both parties is a relaunch of the industrial site taking account into the characteristics of the site but also the employment impact on the territory.

The successful conclusion of the agreement is exposed to the customary contractual conditions.

The possible purchase of the paper mill by Pro-Gest would ensure the maintenance of the production in Italy which is a value that has always distinguished the Group of Treviso, firmly anchored in Italy.

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