First Graphics has announced its acquisition by Antalis South Africa with the contract being signed on 1 July 2005.

Under the terms of the agreement, Antalis South Africa, a wholly-owned subsidiary of Antalis Europe, has acquired 100 percent of the share equity of First Graphics, a privately-owned company.

Antalis is the largest European group in the distribution of communications support materials and is currently active in 36 countries. It is also the largest paper distributor in South Africa and is the holding company of First Paper and Haddons. First Graphics is a leading supplier of high-end graphic communications equipment and consumables.

[10 Jul 2005 12:23]

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