Antalis Verpackungen GmbH has signed a binding offer to acquire the Baltic packaging distributor Pakella, which specialises in the distribution of industrial and food packaging for various business customers. Pakella is one of the leading packaging distributors in Latvia, Lithuania and Estonia with a turnover of 15 million euros in 2023, 60 employees and three sales locations.

Following the acquisition of the Portuguese company 100 Metros in early 2024, Pakella will strengthen Antalis' offering in the industrial and food packaging market in the Baltic countries and further intensify the established packaging expert's presence in the global packaging distribution market.

Founded in 1996, the Pakella Group is a leading supplier of industrial and food packaging and has developed unique and specific expertise in various sectors, particularly in the food industry, over more than 20 years. Hervé Poncin, CEO of Antalis, on the reasons for the recent acquisition: "The acquisition of Pakella is a great opportunity. It will allow 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."

"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," added Janis Murmanis, member of Pakella's Board of Directors.