These companies generate all of their sales from the distribution of packaging products.
PaperlinX A/S in Denmark, which generates two-thirds of its sales in packaging and one-third in visual communication, and Cadorit i Boras AB in Sweden, which operates exclusively in the visual communication market.
They represent total sales of around Euro 92 million.
These acquisitions significantly strengthen Antalis’ position on the market for the distribution of packaging products and solutions, bringing its sales close to Euro 450 million.
Commenting on these acquisitions, Hervé Poncin, Chief Operating Officer of Antalis and Executive Vice President of Sequana, said: “By boosting our presence on 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.”
Antalis is a European leader in the distribution of paper and packaging products.
