Antalis Ltd has acquired 1st Class Packaging, Donington Packaging Supplies and Parkside Packaging from PaperlinX UK. These companies, that have continued to operate as normal since PaperlinX UK was placed into administration on 1st April, are well established and successful packaging distributors.
David Hunter, Managing Director at Antalis, described this as an important acquisition that forms part of the company’s strategy to substantially grow its packaging business.
David Hunter said, “We are really pleased to acquire these great businesses as this further reinforces Antalis as a key player in packaging in the UK. This acquisition also secures the jobs for their 63 employees who have experienced some uncertainty over recent weeks. For them and their customers, it is now very much business as usual.”
Antalis is already a major distributor of packaging products, systems and solutions and with these businesses will increase the scale of its UK packaging business to over £80 million annual sales.