The £4.8m deal, which was announced on Friday, sees the Glasgow-headquartered business boost its Packaging Distribution business and establish a foothold in the Far East.
Chief executive Peter Atkinson told PrintWeek: "Allpoint sells products sourced out of China, and the acquisition enables us to tap into that market and capitalise on the lower cost base.
"The company also has a knowledge and experience of the other markets in the region, including Cambodia and Vietnam."
Headquartered in Hayes, Allpoint also has sites in Southall and Basingstoke – a geographical spread that will "improve the groups market presence in the M3/M4 corridor".
Atkinson said the company was now looking to expand its distribution presence in Scotland and Kent with deals expected to be signed early next year.
Macfarlane gains Far East foothold with Allpoint Packaging acquisition
Packaging giant Macfarlane Group has acquired Allpoint Packaging to tap into the Far East supplier market and expand its UK presence.
