Antalis Acquires Ireland Paper Merchant, Swan Paper
(UK, Jan. 21, 2017) Antalis announced on Jan. 14 that it acquired the assets of Swan Paper, Ireland’s largest independent paper merchant.
Terms of the deal were not disclosed.
Antalis said the acquisition will further strengthen its presence in Ireland where it already has an annual turnover in excess of EUR 40 million and employs 32 people from its Dublin head office.
Antalis will retain the Swan brand, creating a new Swan Paper division which will be headed up by Swan’s Brian McArdle. He will report into Eoin Heagney, managing director of Antalis Ireland.
The business will continue to operate from its base in Baldoyle, Dublin and all 13 current employees will transfer over to Antalis.
“I am incredibly proud to have built the business into the company it is today, but feel it is now time to take a step back from day-to-day operations,” said Tony Swan, CEO of Swan Paper. “The next chapter in the Swan story is incredibly important to me and I believe that Antalis is the right business partner to take the company forward. Antalis’ approach to its people, product offering and customers are all very similar to our own.
“Our success has, in no small measure, been down to the ‘Swan Team’ approach and I am delighted that all of our talented and knowledgeable colleagues will transfer over to Antalis.”
Eoin Heagney added, “This is an incredibly exciting development for Antalis which will see us significantly increase the size of our business in Ireland. The team at Swan has in-depth expertise, and a genuine entrepreneurial culture. Everyone involved is looking forward to bringing together our two businesses to offer an unrivalled product range and service to our customers.”
Antalis, a wholly-owned subsidiary of Sequana, is a leading European distributor of paper, packing and visual communication materials. (Source: Antalis)