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Antalis has acquired the Portuguese company 100 metros – Soluções de Embalagem, Unipessoal, Lda, a leader in packaging distribution in Portugal, specialising in the distribution and converting of packaging materials and components. With consolidated sales of 13 million euros in 2023 and 80 employees, 100 metros operates out of Pacos Ferreira (Porto region) and Lisbon.
Founded in 2000, 100 metros excels in the design and transformation of customised and bespoke industrial packaging. Cardboard, film, foam and bubble wrap are key elements of the company's business, which also boasts an in-house personalisation offer, accounting for a sizeable proportion of sales, with its own machinery. For over 20 years, the company has developed unique and specific expertise in several areas, particularly in the automotive and ceramics sectors.
Antalis, already well established in Europe, 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.
Commenting on the acquisition, 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.