Antalis acquires the Lovepac group, a Canadian leader in the personalized protective packaging industry.
With consolidated sales of C$14.7 million (€10.1 million) and a total of 73 employees in 2022, the Lovepac group has two sites in Quebec, Canada (Montreal and Courcelles) and one in Mexico (Guadalajara).
Founded in 2002, Lovepac innovates in the design and manufacture of custom industrial packaging (corrugated boxes, protective foam, wooden boxes and custom pallets), developing specific expertise in the aeronautical, pharmaceutical, medical, food and high-tech sectors for over 20 years.
Antalis, already well established in Latin America, continues to expand its presence in the North American packaging market. After the acquisition of Gosuma in Spain a few months ago, the Lovepac group is the second acquisition in the packaging market of 2023 for Antalis, which has also acquired, in 2022, the BB Pack group in Germany and the Cohal group in Spain.
Commenting on the acquisition, Antalis CEO Hervé Poncin said: "The acquisition of Lovepac is a great opportunity for Antalis to enter the North American market with development potential in Canada, Mexico and the United States. As a leading packaging distributor, Antalis, a member of the KPP Group, aims to strengthen its global presence in order to offer the best products and services to its customers."
"By joining Antalis, Lovepac will be able to broaden its product portfolio and continue its development in North America thanks to an expanded product range and new international customers."added Rob Sibthorpe, president and founder of Lovepac.
Photo: (c) Antalis
