Zeus acquires Essential Supplies | Ulster Bank

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Zeus acquires Essential Supplies, with the support of Ulster Bank, and opens its new Dublin premises
Applegreen

Zeus, the Irish-owned global packaging solutions company, officially opened its state-of-the-art €15 million Dublin premises recently, with the announcement of its strategic acquisition of Essential Supplies, a Naas-based leading hygiene supplies company.
The acquisition was completed with the support of Ulster Bank, who provide working capital, term debt and committed acquisition facilities to Zeus.

Zeus, which provides a diverse range of products and supply solutions, is a leading global packaging solutions company, with a strong focus on sustainability and innovation. The Irish-owned company has offices worldwide, including Ireland, UK, Germany, Spain, Poland, New Zealand, Canada, China and Australia.

Managing Director of Zeus, Brian O’Sullivan said: “This latest acquisition marks the next step in Zeus’ Irish and European strategic expansion path. Essential Supplies has built a highly successful business model, with invaluable relationships with key distributors nationwide. Our acquisition means that this Irish-owned business will expand their product offering to their network, leading to increased growth.

Commenting on the transaction, Managing Director, Commercial Banking Division, Ulster Bank, Eddie Cullen said: “Ulster Bank is a strong supporter of Irish business and we are committed to providing help for what matters. Our sectoral experts listened to the specific requirements of Zeus, and working with them we tailored a financing package to meet their unique needs. We’re delighted that with our support they’re now taking another important step forward, with the acquisition of Essential Supplies. This acquisition funding forms part of a suite of finance facilities provided by Ulster Bank that will support the next phase of Zeus’ exciting growth ambitions.”



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Zeuz building site
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Get in touch

Find out how we can help your business today:

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For further information, please contact:

Ulster Bank – glenn.shanley@ulsterbank.com

 

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