Premier Paper Group to acquire WBC.

Premier Paper Group, a distributor of a paper merchant company, agreed to acquire Wine Box Company, a distributor of packaging. Financial terms were not disclosed. “We are delighted to welcome the WBC team into the group and we are excited to be supporting them in the next phase of their development. Although the businesses sell to very different market sectors, many of the same values are common to both organisations. Having WBC as part of our group will open up many opportunities for all parts of the company to develop product and service offerings through the sharing of knowledge and expertise. The acquisition of WBC is an important next step for Premier as we continue to complement our traditional paper merchant business with expansion into added value sectors," Michael Beever, Premier Paper CEO.