Antalis buys nine Papyrus wholesale companies and German paper assets from Optigroup
Antalis S.A.S., a subsidiary of Kokusai Pulp & Paper Group Holdings, has agreed to acquire nine Papyrus Group companies in Switzerland, Central and Eastern Europe and the Baltic states, plus German paper wholesale assets, from Optigroup. The acquired business generated sales of about EUR 215m in fiscal 2025 and serves more than 13,000 customers, with the undisclosed price below 15 percent of Kokusai Pulp & Paper's consolidated net assets as of end-March 2026. Closing is expected between 20 December 2026 and 31 March 2027, subject to antitrust clearance in several European countries.
Why this mattersAdds roughly EUR 215m of sales and 13,000 customers to Antalis while Optigroup exits Swiss, CEE and Baltic paper wholesale, leaving fewer independent distributors in those markets.
- Acquired business recorded sales of approximately EUR 215m in fiscal year 2025.
- Customer base of the acquired business exceeds 13,000.
- Nine companies in Switzerland, CEE and the Baltics are being acquired via full share purchase, plus German wholesale paper assets.
- Deal price is undisclosed but under 15 percent of Kokusai Pulp & Paper's consolidated net assets as of 31 March 2026.
- Closing is expected between 20 December 2026 and 31 March 2027.
- The sale requires antitrust approval in some European countries.