Faced with the structural erosion of the graphic paper market, Antalis is accelerating its transformation. The French subsidiary of Japanese group KPP Holdings announces the acquisition of 100% of the shares of Dutch company Texo Group, specialized in textile visual communication.
Based in Moordrecht, the Netherlands, Texo Group operates mainly through its subsidiary Texo Trade Services (TTS). TTS is dedicated to the distribution of printable textiles, sublimation papers and transfer media for the textile decoration and signage industries. Its activities cover the entire European market.
Antalis' parent company, KPP Group Holdings, justifies this operation as a key step in its fourth medium-term management plan. It aims to strengthen Antalis' foothold in the high-growth segments of visual communications and counterbalance its historical exposure to paper. The Japanese group anticipates a compound annual growth rate (CAGR) of 7 to 10% for digital textile printing in Europe between now and 2030.
The Group's press release also refers to a " complementary products and services" between Antalis and Texo Group.
Antalis management also emphasizes a convergence of values around sustainable development. Texo Trade Services already offers a range of PVC-free textiles and recycled media, a direction that could strengthen Antalis' eco-responsible offering in the visual sector.
With this operation, Antalis continues a series of investments designed to reposition the company in buoyant markets. After the takeover by KPP Holdings in 2020, the Paris-based distributor, which employs 4âeuros000Â has already made several strategic changes the Group's strategy is based on a number of key objectives, in particular by strengthening its positions in packaging and non-paper communication media.
