LURGAN food packaging business James Hamilton has been bought by the Irish-owned Zeus Group.
The Co Armagh firm, which employs around 120 people at its site on Millennium Way, has annual sales of around £15.4 million.
It’s the latest company snapped up by the rapidly expanding Dublin-based packaging group Zeus, founded 25 years ago by Brian O’Sullivan.
James Hamilton Group supplies packaging, label production, office supplies, and personal protective equipment solutions across a number of sectors.
Zeus said the acquisition is part of its 2023 growth strategy, that will see group revenues surpass €500m (£427m).
"We are tremendously excited about the prospects of this acquisition of one of Northern Ireland’s oldest packaging businesses,” said Zeus chief executive, Keith Ockenden.
"By harnessing the synergies between Zeus and James Hamilton Group across the island of Ireland, we can offer a more comprehensive range of solutions and manufacturing capabilities.
“Our commitment is to deliver exceptional value to our customers while driving innovation and sustainable practices."
James Hamilton Group will continue to operate under its own brand.
The Lurgan firm’s managing director, Keith Hamilton, said: “We have enjoyed watching our business expand and evolve during its 100 year history, we are delighted to have finalised an agreement with Brian and his team.
"It was important that we found a partner who shared the same ‘family’ values as ourselves, a business who will further invest, look after our staff and importantly, bring a more enhanced offering to our loyal customers.”
