Antalis Expands with Texo Trade Services Acquisition
Antalis is diversifying its portfolio by acquiring the Dutch Texo Group, a company specializing in textile visual communication. This move is part of a wider strategy to adapt to evolving printing habits across Europe amid the ongoing decline in the graphic paper market.
Details of the Acquisition
The French subsidiary of the Japanese group KPP Holdings has acquired 100% of the shares of Texo Group, based in Moordrecht, Netherlands. Texo operates primarily through its subsidiary Texo Trade Services (TTS), which focuses on distributing printable textiles, sublimation papers, and transfer media for textile decoration and signage industries.
Market Reach and Strategic Goals
TTS serves the entire European market. KPP Group Holdings describes this acquisition as a crucial step in their fourth medium-term management plan. The goal is to strengthen Antalis’ presence in the rapidly growing visual communications segments and reduce reliance on traditional paper products.
Growth Prospects and Synergies
KPP Group anticipates a compound annual growth rate (CAGR) of 7 to 10% in digital textile printing across Europe from now until 2030. The press release highlights the
“complementary products and services”between Antalis and Texo Group. Additionally, Antalis’ management notes a shared commitment to sustainable development values.
Conclusion
This acquisition positions Antalis to capitalize on emerging opportunities in digital textile printing and strengthens its shift towards sustainable visual communication solutions.