Friday, 03 May 2019 10:58 GMT

It’s a family affair at Denmaur Paper

Harry E Gould Jr has become the largest shareholder of Denmaur Paper Media and will work with the current board alongside brother Robert Gould, who is joining as non-executive director.

Gould brings with him extensive experience in the paper sector, as he served as the chief executive officer of Gould Paper from 1969 until 2015, following in his father Harry’s footsteps, who founded the company in 1924.

When Gould sold the business that still bears his family name to Japan Pulp and Paper in 2015, the company was the fourth largest paper merchant in the US. He will now work with Denmaur founders, brothers Mike and Nick Gee, to continue growing the business and extend the brand into new markets and territories.

“I’ve been working with Mike on this opportunity for some time and I’m delighted that we have been able to agree on a deal,” says Gould. “Denmaur Paper Media is a dynamic company with clear growth ambitions.

I’m excited about the future where Robert and I will be working with a like-minded group of people

“In the UK, it is currently the fourth biggest player in its market, so I am kind of starting where I left off and I’m excited about the future where Robert and I will be working with a like-minded group of people.”

Mike Gee adds: “Harry’s involvement signifies the next step forward for us – looking at strategic growth opportunities, diversifying into new product areas, acquisitions and possibly expanding into international markets.”

The two sets of brothers will now work together on future projects for the paper company that was established in 1983.

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