Antalis acquires Portuguese packaging distributor 100 metros
Antalis has acquired 100 metros Soluções de Embalagem, Unipessoal, one of the leaders in packaging distribution in Portugal, as it continues to expand its presence in the packaging market in Iberia adding 100 metros to its recent acquisitions of Cohal, Garalmi and Gosuma in Spain.
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Founded in 2000, 100 metros specializes in designing and transforming customized and bespoke industrial packaging. Cardboard, film, foam and bubble wrap are crucial elements of the company's business. It also boasts an in-house personalization offer, accounting for a sizeable proportion of sales, with its machinery.
For over 20 years, the company has developed unique and specific expertise in several areas, particularly in the automotive and ceramics sectors. It has reached sales of EUR 13 million in 2023, employs a team of 80 and operates out of two locations: Pacos Ferreira near Porto and Lisbon.
Hervé Poncin, chief executive officer of Antalis, said: ‘100 metros is a tremendous opportunity thanks to its know-how in packaging converting and custom packaging development. As a leading packaging distributor, Antalis aims to strengthen its global presence in order to offer the best products and services to its customers.'
'By joining Antalis, 100 metros will be able to broaden its product and customer portfolio and pursue its development in Europe thanks to an expanded product range and new international customers,' added Duarte Manuel Barros Dias, founder and president of 100 metros.
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