Antalis to acquire BB Pack Group in Germany for e-commerce growth
08 Apr 2022 --- Antalis has agreed to acquire BB Pack Group in Germany, a packaging solutions provider specializing in the e-commerce sector, including BB Pack, cr8 Packaging and Printmate. The paper and packaging solutions distributor says the move will expand its footprint in the fast-growing packaging market.
The offer is subject to the satisfaction of customary conditions precedent, including the approval of the German competition authority.
With a consolidated turnover of €42 million (US$46 million) in 2021, BB Pack Group offers a wide range of packaging materials, design and customized printing solutions.
Commenting on this transaction, Hervé Poncin, Antalis’ CEO, says: “The acquisition of BB Pack will boost the overall contribution of Packaging to Antalis’ consolidated gross margin and reinforces Antalis’ position in the fast-growing packaging distribution sector.”
Beyond the German market, Antalis continues to strengthen its capacity to service international customers across all European countries with bespoke packaging solutions.
“Since founding the business in 1999, our company has grown to be a recognized and highly specialized supplier of packaging concepts and solutions for the e-commerce and industry sectors,” notes Michael Bube, BB Pack’s managing director.
“Joining the Antalis group will allow us to grow our customer portfolio and expand internationally.”
Antalis developments
Antalis Packaging recently unveiled an easy-to-recycle alternative to wooden shipping crates that saves customers money and supports their environmental sustainability goals.
The fiber-based honeycomb cell shipping carton is lightweight and made from more than 80% recycled materials.
The French-headquartered company also revealed it is opening a new smart packaging center in the UK. The center features a demonstration suite for packaging automation and a dedicated packaging design studio.
Edited by Joshua Poole
