Antalis (a subsidiary of Sequana) has made a binding offer to acquire Xerox’s paper and print media products business in Western Europe. The transaction is expected to close early in the fourth quarter of 2013.
While Xerox does not manufacture paper, the company has long distributed through its brand name a broad range of coated and uncoated papers and specialty print media including wide-format papers. On closing, Xerox’s paper business in Western Europe will become part of Antalis, which will hold exclusive rights for the marketing and distribution of Xerox-branded paper and print media products across the region.
“This announcement follows the sale earlier this year of Xerox’s US and Canadian paper business, as we continue to focus on growing business services and developing innovative document technologies,” said Herve Chauveau, managing director, Xerox Document Supplies Europe. “As a leading distributor of paper and print media supplies, Antalis is well positioned to serve our clients exceptionally well.”
In a separate move, Antalis has agreed it will exclusively distribute Drytac’s entire range of films and adhesives throughout the UK and Ireland.
“We believe that this partnership will hugely benefit our customer base,” said Hayden Kelley, managing director of Drytac Europe. “Customer support levels will be boosted by the distribution deal and Drytac can now fully focus its resources on what it does best – namely the manufacturing of quality adhesives and over-laminates.”
www.antalis.co.uk