Antalis acquires Portuguese packaging distributor
The paper and visual communication distributor has acquired the company ‘100 metros’
Shining a spotlight on the industry
Tuesday, 16 Jan 2024 11:15 GMT
100 metros has over 20 years of experience in developing unique and specific packaging solutions
Antalis has announced it has continued its international expansion via the acquisition of an industrial packaging distributor in Portugal, 100 metros - Soluções de Embalagem, Unipessoal (Packaging Solutions, Unipessoal).
The company operates out of Pacos Ferreira (Porto region of Portugal) and Lisbon and specialises in the distribution and converting of packaging materials and components. In 2023 100 metros had consolidated sales of around €13m (£11.2m).
With a strong base in Europe Antalis sees the latest acquisition as furthering its expansion in the packaging market in the area of Iberia alongside its recent Spanish acquisitions of Cohal, Garalmi, and Gosuma.
Hervé Poncin, chief executive officer at Antalis, says: "100 metros is a tremendous opportunity thanks to its know-how in packaging converting and custom packaging development. As a leading packaging distributor, Antalis aims to strengthen its global presence to offer the best products and services to its customers".
Founded in 2000, 100 metros specialises in the design and creation of customised and bespoke industrial packaging.
With solutions in the automotive and ceramics sectors the company has generated large sales thanks to its in-house personalisation offer which it can undertake thanks to its internal machinery.
With solutions in the automotive and ceramics sectors the company has generated large sales thanks to its in-house personalisation offer which it can undertake thanks to its internal machinery.
Duarte Manuel Barros Dias, founder and president of 100 metros, adds: "By joining Antalis, 100 metros will be able to broaden its product and customer portfolio and pursue its development in Europe thanks to an expanded product range and new international customers.”
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