External Growth: Antalis Acquires Texo Trade Services
Antalis continues to expand and diversify its portfolio through the acquisition of the Dutch Texo Group, a specialist in textile visual communication. This move is part of the company’s ongoing strategy to adapt to changing printing trends across Europe.
Facing the structural decline of the graphic paper market, Antalis is accelerating its transformation process. The French subsidiary of the Japanese KPP Holdings Group has acquired 100% of the shares of Texo Group, which is headquartered in Moordrecht, the Netherlands.
Texo Group primarily operates through its key subsidiary, Texo Trade Services (TTS). TTS focuses on distributing printable textiles, sublimation papers, and transfer media for the textile decoration and signage markets, serving customers throughout Europe.
“Complementary products and services” between Antalis and Texo Group are expected to strengthen both companies’ market positions.
According to KPP Group Holdings, this acquisition marks a significant step in its fourth medium-term management plan. The aim is to deepen Antalis’s presence in the fast-growing visual communications sector and offset its traditional reliance on paper products.
The Japanese parent company projects that the European digital textile printing market will experience a compound annual growth rate (CAGR) of 7% to 10% by 2030. Additionally, both companies highlight a strong alignment in sustainability values and business vision.
Author’s Summary
Antalis strengthens its European market presence by acquiring Texo Group, enhancing its portfolio in textile printing and sustainable visual communications.
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