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Grenadier Holdings is a privately held investment company.

We acquire, invest in, and build excellent companies. We support and partner with our leadership teams to achieve sustainable growth and make a positive impact. 

Grenadier Holdings was formed through the evolution of the former Paragon Group into a series of investment holdings. Historically, Paragon Group took direct operational responsibility for the running of our companies. As these companies have evolved and grown to their current scale, our focus has also shifted – Grenadier Holdings now holds significant shareholdings in our operating companies and our focus is now to manage and foster the evolution and growth of these investments.

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Grenadier Holdings Connecting Customers

Paragon Group continues next stage in its evolution and repositions to become Grenadier Holdings

Grenadier Holdings investments align with our 140-year heritage in delivering critical business services including customer communications, contactless smart technologies, and print & packaging related services. This alignment ensures we add experience and insights to our investments, helping achieve our shared goals.

Business-critical products and services

We combine leading-edge technology and exceptional people to deliver business-critical products and services that enhance our clients’ performance. We go to market through seven key business lines, delivering cost and carbon efficiency while meeting our clients’ evolving challenges head on, transforming how their businesses operate. To read more about our operating company Paragon, click the link below.

Paragon

Connecting the world with secure technology.

Our innovative platforms power contactless solutions and RFID applications to securely connect and locate people, products and objects. Enabling digital transformation, we deliver process efficiencies, enhanced customer experience and demonstrable ROI, while reducing our clients' carbon footprints.

Paragon ID

End-to-end print solutions

Our Graphic Service investments provide digital print solutions to a wide range of customers across multiple industries and business sectors. We provide these end-to-end print solutions across Europe through individual branded businesses. Our vision is to provide print, design, and production solutions efficiently and effectively for, and with, our customers.

Graphic Services

We deliver everything our clients need to operate effectively in their workplace, so they can focus on driving their core business operations.

We simplify processes and supply chains to help companies in the UK and Ireland control costs, drive efficiency and improve productivity. Our trusted brands include OfficeTeam, Office Depot, Spicers and The MPS Team. 

OT Group

We create innovative and sustainable packaging solutions from concept to consumer experience.

With specialist end-to-end capabilities in creative, design, manufacturing, sourcing and fulfilment, we enable our clients to grow sustainably.

Packaging

Specialised and scalable software platforms

Our range of software businesses and platforms power customers across public and private sectors globally to ensure seamless operations while ensuring the highest levels of data security and encryption.

We go to market through five different software businesses that enable us to either provide specialised and scalable software platforms to our customers depending on their needs or invest in cutting edge and growing software businesses. 

Software

In total, our operating companies have:

Employees
9,500+

Employees

Locations
130+

Locations

Sales
€1.5bn

Sales 2022

Jeremy Walters
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Jeremy Walters

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Paragon acquires the Communisis Brand Deployment business and certain assets of the Customer Experience business

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Office Depot

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OT Group Marks Launch of New Contract Brand with New Logistics Partnership and Customer Self-Serve Solution.

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The Group is taking significant strides in enhancing customer experience with the announcement of a strategic partnership with Global parcel delivery leader DPD and the launch of a new customer Self-Service solution.

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Conference table discussion

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Paragon ID now 100% owned by Grenadier Holdings Ltd.

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Delisting of Paragon ID shares listed on Euronext Paris effective since 20 November 2023. Continuity of the strategy deployed by Paragon ID in recent years.

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Paragon CFO
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Paragon CFO

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Paragon announces a new €180m bank financing agreement

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Paragon has entered into a new financing agreement with a group of key commercial banks (BNP Paribas, Citi, Commerzbank, HSBC and NatWest) for a €180m, multi-currency borrowing facility.

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Signing agreement
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Signing agreement

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Paragon announces the acquisition of CFBS

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Acquisition will further strengthen its Business Process Outsourcing business line

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Paragon Rebrand

This new go-to-market strategy recognises our significant growth and diversification, and better positions us to meet the needs of our diverse range of clients.

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Signing MINC Acquisition Agreement

This acquisition will complement and strengthen Paragons existing e-commerce fulfilment capabilities and support our ambitious growth strategy.

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Collaborative workshop

The acquisition forms part of Paragon’s long-term strategy, and will bring new skillsets and expertise to the company while providing scale, global presence and broader strategic offerings to Reason’s existing client base.

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Person in warehouse tracking items with tablet

The acquisition will help Paragon ID expand existing tracking capabilities and enhance solutions for industrial environments. It will also improve our ability to better support our growing network of global partners.

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