PaperlinX (ASX: PPX) is a fine paper wholesaler based in Melbourne, Australia. PaperlinX has regional offices in Amsterdam, Los Angeles and Singapore. The company is a distributor of specialty paper used in brochures, magazines, annual reports and other business papers. They supply high-quality fine paper used as office paper and packaging.
The company was formed in April 2000 after demerging from Amcor.[1]
Paper, board and other materials are bought in bulk from paper mills around the world and sold in smaller quantities and custom sizes to meet customers' requirements. The stock is stored in their warehouses and delivered to customers on a just-in-time basis. Customers include printers, designers, publishers and advertisers.
PaperlinX closed its paper manufacturing division, Tas Paper, in Tasmania, in mid 2010.
PaperlinX employs 6500 people in 26 countries and is in the top 200 public companies listed on the Australian Stock Exchange, trading under the ticker symbol 'PPX'.
PaperlinX revealed on 23rd December 2011 that it had received an indicative offer from an unnamed private equity group, pitched at 9 cents for each ordinary share and $21.85 for the company's preference stock.[2]