Cork City FC’s latest signing is a major Cork player. Zeus Packaging Group is set to adorn the club’s shirt as the new sponsor as part of a new three year commercial deal.
Zeus rounds off €40m spend Darryl Danielli Friday, February 12, 2021
Acquisitive Irish packaging group Zeus Packaging has expanded its European footprint with its largest deal to date as it completes a €40m (£35m), three-year strategic shopping spree to fuel growth.
O’Sullivan: on track to become the largest independent packaging distribution business in Europe”
The purchase of the €58m turnover Austrian headquartered food packaging specialist, Petruzalek, which was part of the Sirap-Gema Group, signed on Monday (8 February).
The deal for the group, which includes Petruzalek operations in Austria and Central-Eastern Europe and €8m turnover Sirap GmbH in Germany, is subject to usual closing conditions and is expected to complete in the second quarter of 2021.