GERMANY (News release) -- Antalis has signed a binding offer to acquire BB Pack Group in Germany - BB Pack, cr8 Packaging and Printmate. The offer is subject to the satisfaction of customary conditions precedent, including the approval of the German competition authority.

Commenting on this transaction, Hervé Poncin, CEO of Antalis, said: "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."

With a consolidated turnover of Euro 42 million in 2021, BB Pack Group is a packaging distributor specialised in the e-commerce sector offering a wide range of packaging materials, design and customised printing solutions.

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