Following on from the acquisitions of WBC, the luxury packaging and retail display company; and the purchase of Zulu, the packaging and lamination films supplier, Premier has announced that Dublin based GPMI is the latest company to be acquired by the group.
GPMI is a leading paper merchant and has a strong and established position in the Irish market supplying both the commercial print and sign & display sectors. With warehouses and offices in Dublin and Belfast, GPMI has a turnover of around €28m with 50 employees.
Michael Beever, CEO of the Premier Paper Group says: “GPMI is an exciting addition to the Group and opens up a new geographical market for Premier. These latest acquisitions are consistent with our strategy of achieving good organic growth, based on our traditional paper merchanting foundations, together with selected acquisitions in new but complementary markets.”
GPMI Managing Director Enda Brophy commented: “Being part of Premier will open up many opportunities for GPMI and will allow us to further develop our service offer and product choice to our customers. Being part of Premier and thewider global OVOL Japan Pulp & Paper Group gives our customers and suppliers confidence and reassurance of our commitment to the future of the print and graphical communications market. I am looking forward to starting the next phase of our development during 2023 as part of the Premier organisation”
The Premier Paper Group had a turnover of £187m in 2021 and is a leading supplier of paper, packaging and materials to the UK market. In turn, Premier is part of OVOL Japan Pulp & Paper Group, a global company that operates in 21 countries.
Source: Premier Paper Group