Elliott Baxter (EBB) has acquired 100% of the shares of Realt Paper in Dublin, Ireland, with the acquisition claimed to generate a combined group turnover in Ireland of approximately €50 million.
The acquisition of Realt Paper is set to make EBB the largest merchant in the Irish market. Realt will continue to trade from its Swords premises and EBB Ireland from Rathcoole and Belfast. During 2024 EBB plans to integrate Realt Sales within the EBB logistics network to offer enhanced services and products.
Matt Elliott, EBB’s group managing director stated, ‘Since we entered the Irish market with our acquisition of UniBoard back in 2019, Realt has always been on our radar due to the excellent reputation they have.
‘Our new combined strength, backed up by our UK stock and resources, will see improved choice and better service to all our Irish customers.’
Realt’s managing director Ger Barron commented, ‘We are excited to join EBB Ireland, a 100-year-old family business with a similar culture. We look forward to developing new products and business areas and constantly improving our offering to the Irish market. The future is bright, and we are ready for all the opportunities it brings.’
Chris Sandwell, EBB’s group sales and marketing director added, ‘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 are 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.’
