British paper merchant Elliott Baxter buys UK-based cartonboard and packaging supplier Cell Ltd., which compliments EBB's business and will be integrated gradually; EBB says it continues to grow its core business in graphic print sector

LOS ANGELES , February 7, 2014 (press release) – British paper merchant Elliott Baxter and Co. Ltd (EBB) has acquired Cell Limited, the Derbyshire based carton board and packaging supplier.

Their current 10,000 tonnes per annum business is a complimentary fit to the existing EBB portfolio. Based from their 22,000sqft distribution hub in Derbyshire, the new acquisition will be gradually integrated within the EBB network. The combined customer base is expected to offer opportunities to cross sell for both businesses.We are delighted to announce the acquisition of Cell Limited, the Derbyshire based carton board and packaging supplier.

Cell have been supplying carton board and packaging to the UK market for over 25 years. Their current 10,000 tonnes per annum business is a complimentary fit to the existing EBB portfolio.

Based from their 22,000sqft distribution hub in Derbyshire, the new acquisition will be gradually integrated within the EBB network.

"We are delighted to become part of the EBB Group" said Simon Wooldridge — Cell Sales Manager. "The combined customer base offers exciting opportunities to cross sell for both businesses. The financial strength of EBB and the vision of its Directors were key factors in our decision to join them".

"Our distribution expertise, financial strength and guarantee to be an independent UK owned supplier are areas where we think we can add value to Cell's current business model. As a Company we are committed to grow our core business to the graphic print sector, whilst at the same time are continuing to look for acquisition opportunities in both our industry, and those closely related." commented Matt Elliott — EBB Managing Director.

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