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Zeus Acquires Essex Packaging Company

/ 1st May 2019 /
Ed McKenna

Packaging company Zeus has acquired Essex-based VaioPak Group, which specialises in paper takeaway coffee cups and set up Printed Cups US in 2016 to take on the American market.

VaioPak provides a range of packaging products to a client list that includes Marks and Spencer, Jo Malone, Starbucks, Red Bull, Tesco and Audi. 

The companies in the VaioPak Group indicates the range of its packaging products: Printed Cups UK, Printed Bags UK, Compostable Cups UK, Deli Store, Juice Bottles UK, Printed Stickers UK, Printed Cake Boxes UK, InnoPak, and Water Cups UK.

VaioPak says it specialises in short delivery runs with fast lead times. Vaiopak Ltd had net worth of £1,290,000 in January 2019, including year-end cash of £1,060,000. Profit declined by 19% through 2018.

Zeus chief executive Brian O’Sullivan (pictured) said: “A key part of Zeus’s strategic global growth has been identifying successful companies whose innovation and ambition will match and drive our own. VaioPak is a key player in the UK, with high-value and high-profile clients. The VaioPak team has also built a powerful e-commerce platform with an embedded client base that Zeus can leverage for increased cut-through into both the UK and the US.”

In Association with

VaioPak managing director Joe Fogel commented: “Over the last 10 years, the team at VaioPak has diversified its product range in response to client demand, with a focus on sustainable offerings. This new step with Zeus will ensure we have the resources and reach to continue to deliver for our clients.”

Based in Ireland, Zeus has offices in the UK, Germany, Spain, Poland, New Zealand, Canada, China and Australia, and in 2018 announced a €27m investment in new premises in Dublin and Britain.

The company employs 185 in Ireland, and 350 more abroad. In December 2018 Zeus announced its acquisition of Aldar Tissues, the Irish sustainable tissue manufacturer and distributor. In February this year, the company bought Essential Supplies, an Irish hygiene supplies company.

 

 

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