Dublin – Reach Group, a wholly owned subsidiary of Mediahuis Ireland, has today announced the acquisition of Delpac Ltd, a leading supplier of bespoke packaging products. The deal includes Delpac’s gifting business, Floraville-Seasons. The enlarged business will operate under the trading name ‘Reach-Delpac’.
The acquisition is a logical extension of Reach’s existing business, given the similar fields in which the two firms operate. The Delpac and Floraville product ranges will enhance the range of products it can offer to its existing customers, while also capitalising on other potential synergies between the two organisations.
Commenting on the acquisition, Ian Keogh, CEO of Reach Group said: ”This acquisition enables us to offer a broader range of bespoke products to our customers. Delpac has an excellent track record in the design, manufacture and delivery of custom-branded products and by combining that with Reach’s extensive logistics infrastructure and customer base, we’re very confident we can build on the success Delpac has achieved to date.”
Charlie Curran, MD of Delpac commented, “We’re delighted to have joined forces with Reach as it gives us access to their wide customer base and extensive distribution network which will add great value to the Delpac-Floraville business. I look forward to working closely with the team at Reach to identify and exploit the many opportunities which exist to grow the Reach-Delpac business in the future.”
Reach Group is a logistics and supply chain specialist, operating in a variety of sectors across multiple channels including grocery retail, hotels, cafés, delicatessens, schools, hospitals, medical centres, pharmacies, libraries and more. The company comprises a number of business units, including Reach Retail Services, Reach Stationery, Reach Merchandising and Newspread, Ireland’s leading wholesaler of newspapers and magazines.
Delpac Ltd is a leading supplier of bespoke packaging products to fashion and grocery retail chains and the food and hospitality sectors, specialising in custom branded bags, gift wrapping and the manufacture of customised disposable coffee cups. Floraville is one of Irelands leading suppliers of Christmas, home, and garden products to trade customers including gift shops, garden centres, home interior stores and hamper companies.