Management Buyout completed at LT Print Group
Previous owner, Bob McWilliams, had a 64-year career in the print and paper industries
Elliott Baxter & Company has acquired Dublin-based Realt Paper
Elliott Baxter & Company (EBB) has acquired 100% of the shares of Realt Paper in Dublin, Ireland.
This latest move from EBB will make the 100-year-old family business the largest merchant in the Irish market and signifies its commitment to Ireland and will generate combined group turnover in Ireland of around €50m (£43m).
Following the acquisition, Realt Paper will continue to trade from its Swords premises and EBB Ireland will continue to trade from Rathcoole and Belfast. Throughout this year, EBB will integrate Realt Sales with the EBB logistics network.
EBB first entered the Irish market with its acquisition of UniBoard in 2019 and Matt Elliott, group managing director of EBB says Realt Paper has always been on the company’s radar due to “their professionalism in everything they do”.
Ger Barron, managing director of Realt attributes the company’s success and profitability over the past 43 years to its “talented team’s determination, focus, and skills”.
Commenting on EBB’s commitment to Ireland, Chris Sandwell, group sales and marketing director of EBB, adds: “EBB is committed to the Irish market and in developing a local team to drive and manage the business into the future.
“The paper and board market is in constant change and with that comes challenge and opportunity. We believe the combined entity offers the best chance for EBB to support all of the local markets.”
If you have any news, please email carys@linkpublishing.co.uk or join in with the conversation on Twitter and LinkedIn.