After the announcement of the acquisition of the German BB Pack last April antalis is continuing its expansion in the packaging market. The French distributor, a European leader in industrial papers and packaging, has signed an agreement to acquire the Spanish group Cohal, a packaging manufacturer and distributor.
Based in Madrid and founded in 1969, Cohal, which employs 60 people, generates 12.7 million euros by producing a wide range of labels and distributing stretch films, packaging tapes and Toshiba and Epson printing machines. Antalis sees in this label production "ample room for further growth driven by automation, digitization and smart label functionality." .
"Cohal Group brings a wealth of product expertise to better serve our B2B customers in Spain and other European countries." says Hervé Poncin, CEO of Antalis.
"The growth ambition of a leading European distributor will allow us to expand our customer portfolio and continue to bring new innovations to the market." adds José Almirall, general manager of the Cohal group.
