Saica completes the acquisition of Thimm Group
European authorities approved the transaction, adding nearly 2,500 employees across German, Polish, Czech, and Romanian operations.
See the latest news and media coverage for Saica. We track all announcements, press releases, and industry mentions in real time, all in one place.
Paper, packaging, and recycling solutions provider
saica.comLast updated
In short: Saica inaugurated a €100 million Barcelona corrugated plant with 200 million-square-metre capacity.
European authorities approved the transaction, adding nearly 2,500 employees across German, Polish, Czech, and Romanian operations.
The deal covers nine corrugated board plants in four countries, increasing capacity by 1,200 million square meters.
Thimm Group, with 2,500 employees and EUR 539 million revenue, will join Saica's operations pending antitrust approval.
The company is investing more than $110 million in an Anderson, Indiana plant, creating over 100 jobs and opening in Q4 2026.
Spanish paper and packaging manufacturer Saica group completed acquisition of German corrugated board manufacturer Thimm as announced in May this year. Thimm is now officially...
Grupo Saica has started the integration of the German group Thimm after receiving approval of the acquisition operation by the European Commission...
Saica has agreed to acquire German corrugated group Thimm, expanding its packaging footprint across Europe.
The Spanish company strengthens its presence in Central and Eastern Europe with the acquisition of a group that employs about 2,500 people and...
Track Saica and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Saica and other trending companies.