The acquisition will make Antalis the sole distributor of Xerox-branded papers in the EMEA region. It will also enable the company to strengthen its position in the office paper market and the growing digital printing market.
Nov 7, 2024
Antalis, a European distributor of paper, packaging, and visual communication solutions, has signed a definitive agreement to acquire the assets of Xerox’s paper business in the EMEA region.
The agreement included exclusive marketing and distribution rights for Xerox-branded papers and digital printing media in Eastern Europe, the Balkans, the Middle East, India, and Africa, making Antalis the sole distributor of Xerox-branded papers in the EMEA region.
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Xerox currently distributes office papers and digital printing products in over 40 countries in eastern Europe, the Balkans, the Middle East, India and Africa.
As per the companies, the transaction was subject to other customary closing conditions and the approval of antitrust/competition authorities in some of the countries involved.
The acquisition would enable Antalis to strengthen its position in the office paper market and the growing digital printing market, broaden its customer base, offer its customers a wider range of complementary products, strengthen its strategic partnerships with suppliers, and improve its operational efficiency & profitability.
In 2013, Antalis had acquired the Western Europe paper business from Xerox.
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Mr. Hervé Poncin, Chief Executive Officer of Antalis, said that Antalis has always remained focused on growth in high-growth countries and high-potential markets, such as packaging. However, the company has also affirmed the need to participate in the consolidation of the paper distribution sector, since it would help Antalis to maintain strong positions in its markets and improve the profitability of office paper businesses.
Mr. David Dyas, President of Global Distribution at Xerox, said the transaction would allow the company to align its resources with the needs of today’s value-conscious buyers and focus its efforts on delivering the most innovative services and solutions to its customers
