Antalis ups the ante with series of acquisitions
Paper and large-format media supplier Antalis has moved to demonstrate its growth ambitions in the market by completing a series of acquisitions
Tuesday, 01 Sep 2015 09:08 GMT
Antalis estimates that its total sales are almost at €450m
In recent times, the company has acquired other businesses that represent total sales of approximately €130m (£91.6m).
Companies that have come under the Antalis umbrella in recent times
include PaperlinX’s packaging companies in the UK as well as
Hansapakend of Estonia.
Other companies now owned by Antalis are PaperlinX A/S in Denmark,
which generates sales in packaging and visual communication, as well as
Swedish firm Cadorit i Boras AB that offers various visual communication
services.
In a statement, Antalis said this series of acquisitions has helped
increase its total sales to almost €450m, with this figure likely to
grow as the firm moves forward.
Consolidating our position allows us to serve our customers more effectively and to step up our growth in Europe”
Hervé Poncin, chief operating officer of Antalis, says: “By
boosting our presence in the European market for the distribution of
packaging products and visual communication media, where Antalis is a
key player, we are confirming our growth strategy in these
high-potential sectors.
“Consolidating our position allows us to serve our customers more effectively and to step up our growth in Europe.
“These profitable companies will have a positive impact on Antalis’ earnings as from 2015.”
