PARIS | France – October 2024 – Antalis, a leading global distributor of paper, packaging, and visual communication solutions, has announced the acquisition of the remaining portion of Xerox’s paper business in the Europe, Middle East, and Africa (EMEA) region. This strategic move solidifies Antalis’ position as the exclusive distributor of Xerox-branded papers in EMEA.
The acquisition encompasses 40 countries, including Eastern Europe, the Balkans, Africa, India, and the Middle East. Antalis will gain exclusive marketing and distribution rights for Xerox digital printing media and office papers, expanding its product portfolio and strengthening its market presence.
Hervé Poncin, CEO of Antalis, expressed his enthusiasm for the acquisition, stating, “This strategic move aligns with our ongoing efforts to consolidate the papers distribution business and maintain a strong position in high-potential markets. By expanding our relationship with Xerox, we are reinforcing our commitment to offering our customers the highest quality products and services.”
The acquisition is subject to customary closing conditions and approval from relevant competition authorities in certain countries. While the financial terms of the deal were not disclosed, it is expected to significantly enhance Antalis’ revenue and profitability.
Xerox, which has been undergoing a strategic transformation, has been divesting its paper business in various global markets. The company’s spokesperson commented, “This transaction is a part of our ongoing Reinvention plan, which aims to simplify our business and better serve the evolving needs of our clients. We are confident that Antalis will continue to provide excellent service and support to our customers in the EMEA region.”
