Antalis, a European leader in the distribution of paper, packaging, and visual communication solutions, has signed a definitive agreement to acquire the assets of Xerox’s paper business in EMEA. Xerox distributes office papers and digital printing products in over 40 countries in Eastern Europe, the Balkans, the Middle East, India, and Africa.
Already well-established in Europe, Antalis continues to expand its sales in Europe, Africa, and India. This acquisition will 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 and profitability.
The agreement includes exclusive marketing and distribution rights for Xerox-branded papers and digital printing media in Eastern Europe, the Balkans, the Middle East, India, and Africa. Following the acquisition of Xerox’s Western European paper business in 2013, Antalis becomes the exclusive distributor of Xerox-branded papers in the EMEA region.
The transaction is subject to other customary closing conditions and the approval of antitrust authorities in certain countries.
“While our strategy remains focused on growth in high-growth countries and high-potential markets, such as packaging, we have always affirmed the need to participate in the consolidation of the paper distribution sector. It is essential for us to maintain strong positions in our markets and improve the profitability of our office paper businesses,” said Hervé Poncin, Chief Executive Officer of Antalis.
“As Xerox continues its transformation, this transaction allows 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,” said David Dyas, President, Global Distribution at Xerox. “We thank our dedicated employees for their commitment and hard work over the years, and we look forward to following their continued success.”
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