Package firm Zeus racks up €15m in deals
Irish-owned packaging company Zeus has bought UK packaging firm VaioPak Group.
It takes the value of Zeus's last three acquisitions to a total of €15m.
VaioPak Group provides a range of packaging products to clients including Jo Malone, Starbucks, Red Bull, Tesco and Audi.
The group has an annual turnover of more than £5m (€5.8m).
In 2016, in response to demand in the US market, VaioPak established Printed Cups US, manufactured in Chicago.
Brian O'Sullivan, owner of Zeus, said: "Since I founded the company in 1998, 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 ecommerce platform with an embedded client base that Zeus can leverage," he said.