"By joining Antalis, Pakella will be able to expand its product portfolio and continue its development thanks to a broader product range and new international customers," says Janis Murmanis, member of Pakella's Board of Directors.
Takeover offers "great opportunity"
Founded in 1996, the Pakella Group is a leading supplier of industrial and food packaging, particularly for the food industry. "The acquisition of Pakella is a great opportunity. It will enable Antalis to significantly expand its existing packaging distribution business in Latvia, Lithuania and Estonia. It demonstrates our commitment to our customers in the Baltic countries following our acquisition of Hansapakend in Estonia in 2015," says Hervé Poncin, CEO of Antalis.
Baltic packaging specialist
In Latvia, Lithuania and Estonia, Pakella is one of the leading packaging distributors with a turnover of 15 million euros in 2023, 60 employees and three sales locations.