Antalis to acquire Papyrus paper distribution in Germany and CEE

Antalis, part of Japan's Kokusai Pulp & Paper Group, has signed a binding agreement to acquire Papyrus' paper distribution operations in Germany, Switzerland and eight Central and Eastern European countries. The businesses generated combined net sales of around EUR 215m in 2025 and employ 255 people; completion is subject to customary conditions and antitrust clearance.

Why this mattersThe deal consolidates paper and packaging distribution across Central and Eastern Europe, reducing the number of independent merchants serving printers and office-paper customers in the region.

• Antalis and Papyrus have signed a binding agreement covering operations in Germany, Switzerland, Czech Republic, Slovakia, Hungary, Poland, Romania, Estonia, Latvia and Lithuania.
• The acquired businesses generated combined net sales of around EUR 215m in 2025 and employ 255 people.
• Combined operations will serve more than 13,000 customers and offer around 21,000 products across 12 warehouse locations.
• Completion requires customary closing conditions and approval by European competition authorities.
• Antalis's parent Kokusai Pulp & Paper Group generates annual sales of around EUR 4.1bn and employs about 4,300 people in 34 countries.
• Papyrus's parent Optigroup generated net sales of EUR 1.42bn in 2025; Papyrus and Scaldia operations in the Benelux, Sweden, Denmark, Norway and Finland are excluded from the deal.

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