“The recent acquisition of Weedon Group is a pivotal element of our Vertical Integration Strategy. It fortifies our end-to-end in-house proficiency across the paper supply chain, encompassing raw material treatment, production, and extending to distribution and consumer sales,” says Keith Ockenden, CEO of Zeus Group.
“Our investment focus is increasingly on paper-based alternatives, moving away from conventional plastic-based methods.”
Weedon Group, boasting annual revenues surpassing £30 million and employing over 250 staff members at its two UK sites in Manchester and Staffordshire, has been acquired by Zeus Group. This strategic move is anticipated to elevate Zeus’s projected yearly revenues to an impressive €560 million.
“The decision to sell our business was pivotal, and it was crucial to partner with a company that is committed to growth in the Paper and Corrugated sector. Zeus Group’s dedication to sustainable packaging solutions aligns with our vision,” says John Weedon, Managing Director of Weedon Group.
“They offer comprehensive services and uphold principles of continuous improvement aimed at enhancing supply chain efficiency. By leveraging Zeus’s extensive capabilities, we can enrich our service to our current customers. Together, we present a formidable independent choice for those seeking innovative packaging solutions, supply consolidation, and heightened supply chain efficiency.”
corruga.expert
