Premier Paper Group has acquired GPMI, a paper merchant established in the Irish market supplying both the commercial print and sign and display sectors. With warehouses and offices in Dublin and Belfast, GPMI has a turnover of around 28m Euro and 50 employees.
The move follows the earlier acquisitions of WBC, the luxury packaging and retail display company, and of Zulu, the packaging and lamination films supplier.
Michael Beever, CEO of Premier Paper, said: “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.”
The Premier Paper Group, which had a turnover of £187m in 2021, is part of OVOL Japan Pulp and Paper Group, a global company that operates in 21 countries.
GPMI managing director Enda Brophy, said: “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 therefore the wider global OVOL Japan Pulp and Paper Group, gives our customers and suppliers confidence and reassurance of our commitment to the future of the print and graphical communications market.”
