Antalis repeats its expansion strategy in growing markets, complementing its paper distribution business with the acquisitions of the packaging companies PaperlinX in the United Kingdom, representing sales of around 30 million euros, and Hansapakend in Estonia, with revolving sales around 7 million. This transaction is subject to approval by the Estonian Antitrust Authorities.
These companies generate all their sales from the distribution of packaging products: PaperlinX A / S in Denmark, which generates two-thirds of its sales through packaging and one-third through visual communication, and Cadorit i Boras AB in Sweden, which operates exclusively in the visual communication market. They represent a total sales of about 92 million euros.
These acquisitions strengthen Antalis' position in the market for the distribution of packaging products and solutions, generating sales of close to 450 million euros. Antalis increases its geographical presence operating in more than 29 countries throughout Europe and South America to serve the main industrial production companies such as automotive, machinery manufacturing, electronics, 3PL distribution, electronic commerce platforms, etc., with solutions and services made tailored to the client. This international network enables Antalis to serve large international accounts on a pan-European level.