This brings the value of Zeus’s latest three acquisitions to a combined total of €15m. Made up of ten sister companies, the VaioPak Group provides a range of packaging products to its client portfolio that includes Marks and Spencer, Jo Malone, Starbucks, Red Bull, Tesco and Audi. This acquisition will allow Zeus to strengthen its foothold in the UK market, where VaioPak predicts company growth of 15pc. In 2016, in response to demand in the US market, VaioPak established Printed Cups US, which are manufactured in Chicago. The VaioPak team has also built a powerful e-commerce platform with an embedded client base that Zeus can leverage for increased cut-through into both the UK and the US.”Online Editors

Source: Irish Independent May 01, 2019 09:00 UTC