Commercial printer Paragon Group has bought competitor Lithotech France, boosting its reach in continental Europe.
Lithotech France, formerly Danel Group SA, has a reported turnover of £42m (€60m).
The acquisition, which includes Lithotech's manufacturing operations and sales network, consolidates Paragon's standing in the French market.
Once Lithotech is integrated into Paragon, the combined business is set to have turnover of more than £140m.
Paragon chief executive Patrick Crean said: "The acquisition of Lithotech firmly places Paragon on the map.
"We have always emphasised the continuous development of the business and this has led to us promoting an enviable presence within the UK, throughout the rest of Europe and across the globe."
The two companies have a comparable product offering and operate in similar markets.
The value of the acquisition was not disclosed at the time of going to press.
Source: printweek
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