ANTALIS has signed a binding agreement to acquire Plaesa, a Spanish-based specialist of technical packaging and conversion of made-to-measure packaging solutions.
Founded in 1983, Plaesa is a family-owned business with an annual turnover of €6 million. The business employs 38 people and operates from four facilities.
Plaesa offers customised technical foams, rigid plastics, wood, cork, cellulose pulp, cardboard, canvas and fabrics. The company also provides a range of packaging solutions for sectors including manufacturing, retail, medical, defence, food and entertainment.
Antalis revealed that Plaesa has made ‘significant investments’ dedicated to acquiring new equipment such as special plotters for cutting canvas, PVC and sealing, cardboard cutting machines, printing machines and foam converters.
The agreement is subject to customary closing conditions.
“The acquisition of Plaesa, following the acquisitions of Cohal, Gosuma and 100metros, will enable Antalis to expand its Packaging solutions offering in Iberia with innovative and more eco-responsible solutions for our customers,” said Hervé Poncin, CEO of the Antalis Group.
Plaesa’s Rafael Trufero added, “The international and strong Spanish presence of Antalis will provide a valuable boost to our current growth. Joining Antalis will also accelerate the amortisation of our machine investments and our most recent manufacturing plant built in 2022.”
