The French group bought the local company in July, for EUR2.6 million.

Founded 24 years ago in Cluj Napoca by Viorel Verzea, Verla distributes materials and equipment for the advertising industry, currently operating two warehouses, in Cluj and Bucharest.

Verla had a turnover of RON36.6 million (EUR7.8 million) in 2017, 6% higher on the year, according to finance ministry data.

Antalis is the main player in the business to business (B2B) distribution of paper and packaging solutions and the second leading distributor of advertising materials in Europe. The group had sales of EUR2.4 billion in 2017.