OptiGroup AB has completed its previously announced acquisition of 100% of the shares of Packagegroup Moonen B.V. The transaction was completed following the approval by the Dutch Competition Authority. The purchase price has not been disclosed, as the company said in the press release received by Lesprom Network.
Moonen, with revenues of Euro 51 million in 2017 and around 80 employees, has been a family business since the 1950s and is a leading and fast growing distributor of packaging solutions in the Benelux. The company designs, develops, sources, stocks, sells and distributes customised packaging solutions as well as hygiene paper, cleaning and catering products.
OptiGroup is a leading European business-to-business distributor of business essentials in Facility & Foodservice Solutions, Industrial & Safety Solutions, Printing & Creative Solutions and Retail & Reseller Solutions.
