# Kokusai Pulp & Paper signs deal to acquire majority stake in Antalis

Kokusai Pulp & Paper (KPP) signed binding agreements with Sequana and Bpifrance to acquire their 83.7% stake in paper and packaging distributor Antalis, representing about 75.2% of its share capital. The deal is subject to conditions precedent.

- Type: Acquisition
- Announced: 2020-02-21
- Where: Paris, France
- Status: announced
- Products: paper, packaging materials
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sequana](https://endata.com/companies/3561.md) (partner)
- [Bpifrance](https://endata.com/companies/5687.md) (partner)
- [Kokusai Pulp & Paper](https://endata.com/companies/6304.md) (acquirer)
- [Antalis](https://endata.com/companies/6305.md) (target)
- [Bpifrance Participations](https://endata.com/companies/6781.md) (partner)

## Sources

- [actusnews.com](https://www.actusnews.com/en/kokusai-pulp-paper-coltd/pr/2020/03/31/kpp-enters-into-binding-agreements-for-the-potential-acquisition-of-a-majority-stake-in-antalis), 2020-03-31: "KPP agreed, subject to certain condition precedents, to acquire 53,395,148 ordinary shares of Antalis SA held by Sequana"
- [paperfirst.info](https://www.paperfirst.info/kpp-sequana-sa-and-bpifrance-have-entered-into-binding-agreements-for-the-potential-acquisition-of-sequana-and-bpifrances-83-7-stake-in-antalis-by-kpp/), 2020-04-01: "KPP agreed, subject to certain condition precedents, to acquire 53,395,148 ordinary shares of Antalis SA held by Sequana."
- [papnews.com](https://www.papnews.com/kokusai-pulp-paper-enters-into-binding-agreements-for-the-potential-acquisition-of-a-majority-stake-in-antalis/), 2020-04-02: "Kokusai Pulp & Paper enters into binding agreements for the potential acquisition of a majority stake in Antalis"
- [worldofprint.com](https://www.worldofprint.com/2020/07/27/new-majority-shareholder-in-antalis/), 2020-07-26: "Antalis was informed on February 21, 2020 about the completion of the acquisition of all Antalis shares held by the previous majority shareholders Sequana and Bpifrance Participations by Kokusai Pulp & Paper Co, Ltd. (KPP)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.