LIMERICK firm JJ O’Toole, which is the oldest packaging company in Ireland, has been acquired by Irish-owned packaging solutions company Zeus.
Founded in 1914, JJ O’Toole employs 25 at its base on the Raheen Business Park and its customers include Dunnes Stores, Brown Thomas and Newbridge Silverware.
Owner and managing director, Vicki O’Toole said that JJ O’Toole has an incredible history of survival and success with a kaleidoscope of wonderful stories.
“The company has been the centre of packaging excellence in Ireland for over a century with an outstanding reputation, endorsed by an exceptional loyal clientele, many who have remained with the company for over 40 years.
“I am extremely proud and honoured to have steered the company successfully into its 108th year. It has been a very emotional decision to sell JJ O’Toole but I believe the time is right and I am very confident the company will continue its successful journey under the robust and global Zeus umbrella.
“There are many synergies between both our companies, and I have no doubt our combined unique skillsets will result in a very positive and successful collaboration. My colleagues and I are very much looking forward to working closely alongside Brian O’Sullivan and his team,” Ms O’Toole added.
The deal is the latest in a recent series of strategic acquisitions by Zeus, expanding the company’s reach and capabilities in the retail, ecommerce, industrial and food and beverage sectors.
Zeus founder and owner Brian O’Sullivan said that as Ireland’s longest established packaging company, JJ O’Toole has an impressive reputation in the Irish retail and ecommerce markets.
“As two strong Irish companies joining together, we are now in a stronger position than ever, allowing us to continue to deliver innovative and sustainable solutions for our combined customer base.
“Zeus also remains on track to be the largest sole shareholder packaging company in the world by 2023,” Mr O’Sullivan declared.
