Orbis advises Premier Paper on Irish acquisition
Orbis Partners has advised Minworth headquartered Premier Paper Group on the acquisition of Dublin based GPMI which is the latest company to be acquired by the Group. This follows on from the acquisition in December 2022 of WBC, the luxury packaging and retail display company and the purchase of the packaging and lamination films supplier, Zulu earlier last year.
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.
The Orbis team comprised Partner Chris Gregory and Manager Nick Reed. Legal advice was provided by Gateley Partner Victoria Elliot and Associate Rachel Cox. BDO provided Financial Due diligence and Tax advice.
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.
Michael Beever, CEO, Premier Paper Group
Premier has a well-developed strategy for growth both in its core market and in complementary markets with a strong acquisition focus. We are pleased to have advised Premier on this latest acquisition which provides a strong footprint in the Irish market.