Antalis Acquired Papyrus European Distribution Assets
The agreement covers paper distribution businesses across Germany, Switzerland, and several Eastern European nations.
Updated on Oct. 13, 2026 in Openings & Closings
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Antalis has signed a binding agreement to acquire the paper distribution activities of Papyrus in Germany, Switzerland, and eight other nations. The transaction seeks to expand Antalis' footprint in the European B2B distribution sector.
Why it matters
This strategic acquisition is designed to bolster the distribution network and customer reach of Antalis throughout Central and Eastern Europe. It reinforces the company's position as a prominent player in the continental B2B market.
The acquired Papyrus assets include 12 warehouses, 21,000 SKUs, and a client base of more than 13,000 customers. These businesses employed 255 people and generated €215 million in net sales during fiscal year 2025.
The players
Antalis
Antalis is a prominent distributor of paper, packaging, and visual communication products operating on a global scale.
Papyrus
Papyrus is a specialized paper merchant and distribution organization with extensive business operations across the European market.
The details
The transaction includes distribution operations in Switzerland, Germany, Czechia, Slovakia, Hungary, Poland, Romania, Estonia, Latvia, and Lithuania. Until the deal officially closes, all involved entities will continue to operate independently.
Timeline
The acquired businesses generated €215 million in net sales during the 2025 fiscal year.
Market Landscape
This move mirrors the ongoing consolidation trend in the European paper and packaging distribution sector. By absorbing regional networks, Antalis secures a competitive advantage against other distributors vying for dominance in the B2B market.
Customers served by these distribution units may eventually experience changes in product availability or service protocols following the integration process. For now, daily operations continue under the existing framework while the companies await final regulatory approval.
The takeaway
Large-scale industry consolidations often lead to streamlined supply chains but can initially create uncertainty for existing clients. Stakeholders should monitor official updates to see how the integration of the 21,000 SKUs impacts local service offerings.
Further reading
Learn more about corporate expansion trends in our Openings & Closings section.
Source note: This article includes information reported by PaperFIRST.
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