Antalis signs binding agreement to acquire Pakella in the Baltics

French packaging distributor Antalis signed a binding agreement to acquire Pakella, a packaging distributor and manufacturer in Latvia, Lithuania and Estonia with EUR 15 million turnover in 2023. The deal is subject to approval by the Latvian competition authority.

“The agreement is subject to the satisfaction of customary conditions including the approval of the Latvian competition authority.”ipia.org.uk

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• ipia.org.ukAntalis continues to expand internationally and has signed a binding agreement to acquire Pakella, a leading player in the distribution and manufacture of industrial and food packaging in Latvia, Lithuania and EstoniaMay 21, 2024

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