Zeus has confirmed it has completed the acquisition of the Weedon Group. This acquisition underscores Zeus Group’s increased focus on sustainable packaging, investing in paper-based solutions over plastic-based production.
Weedon Group has revenues in excess of £30m 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 €560m.
Left to right: John Weedon, Brian O Sullivan (Owner of Zeus) and Peter Weedon.
Keith Ockenden, CEO, Zeus Group, 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.”
He continued, “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.”
John Weedon, Managing Director, Weedon Group, said, “When taking the decision to sell the business, it was important we aligned with a business looking to invest and grow in the paper and corrugated sector. Zeus has demonstrated a commitment to the provision of complete sustainable packaging solutions for businesses along with added value services and continuous improvement principles that look to assist supply chain efficiency. The entire range of Zeus’s capabilities will complement our existing customer base, and as a combined business, we will offer a strong ‘independent’ alternative for those looking for packaging innovation, supply consolidation and supply chain efficiency.”
