Zeus, the Dublin headquartered, independently owned global packaging group, has announced its acquisition of The Weedon Group, one of the UK’s largest independent integrated corrugated manufacturers. This acquisition underscores Zeus Group’s increased focus on sustainable packaging, investing in paper-based solutions over plastic-based production.
Zeus, founded in cork in 1998, are the world’s largest independently owned packaging business and employs over 1,000 people across 30 countries.
Weedon Group has revenues in excess of £30 million per annum and over 250 staff across two UK locations in Manchester and Staffordshire. The acquisition of Weedon Group takes Zeus’s expected annualised revenues to €560 million.
Keith Ockenden, Zeus Group CEO said: “The acquisition of Weedon Group is a key facet of Zeus Group’s Vertical Integration Strategy. We now have robust in-house capabilities along the entire paper supply chain, from raw material processing to manufacturing, right through to distribution and retail. Our investment strategy is also focussing on paper-based solutions over traditional plastic-based production.”
“Zeus is dedicated to offering customers an independent alternative supply option from a globally positioned independent business focused on service and supply chain solutions within the packaging sector. These solutions facilitate innovation, efficiency, productivity, and profitability improvement for businesses looking to streamline and consolidate supply and standardise packaging products across their estate. Weedon and its team have a rich legacy of excellence and innovation in the packaging industry. We are delighted to finalise the purchase and look forward to welcoming our new colleagues to the Zeus family.”
