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Cork Employer Buys Spanish Company for €24m

They'll turnover €600m this year - and it all started in FermoyPictured Brian O'Sullivan, Founder of Zeus. Irish-owned Zeus PackagingCork-based Zeus Packaging has bought a Spanish owned company that works with several global giants - it's the latest…

Cork Employer Buys Spanish Company for €24m

They’ll turnover €600m this year – and it all started in Fermoy

Cork-based Zeus Packaging has bought a Spanish owned company that works with several global giants – it’s the latest development in its major international expansion and is set to dramatically boost its revenue.

Koex Packaging Solutions’ client list including brands like Reebok, Burger King and Pull & Bear will join companies like McDonald’s and Lush in Zeus’ impressive array of international clients.

The company originally started operating in Fermoy back in 1998 – and in the last three years has acquired a total of six other companies and is generating annual revenue of €500m.

Zeus expects its latest move to see that figure jump by 20% to €600m, according to The Irish Times.

Founder and owner Brian O’Sullivan told the newspaper: “This is about legacy. Creating a business that has a future that’s sustainable and can grow, and clearly I need to develop a culture within our own businesses and the businesses we acquire.

“Koex brings strong capabilities in luxury and retail packaging, and when combined with our existing network, we now offer full production, sourcing, design and engineering capabilities at scale.

“Our job will be to take what they’ve built over the past 20 to 25 years and use the power of Zeus to drive it on forward.”

date:2026-02-14 22:52:00

About the author: Marcus Liu - Business Editor

MBA and ex‑B bureau chief specializing in global finance and fintech. Marcus speaks Mandarin, Japanese, and English, and has interviewed CEOs from the Fortune 50 to Y‑Combinator unicorns. Marcus Liu delivers sharp analysis on markets, startups, and corporate strategy for investors and entrepreneurs alike.