Saica completes the acquisition of Thimm Group
European authorities approved the transaction, adding nearly 2,500 employees across German, Polish, Czech, and Romanian operations.
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Paper, packaging, and recycling solutions provider
saica.comLast updated
In short: Saica expanded its global presence through the acquisition of Thimm Group and FCC Ámbito, while advancing decarbonization in France.
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.
The €86 million boiler at Nogent-sur-Seine replaces gas, cutting CO2 by 50,000 tonnes annually.
Thimm Group, with 2,500 employees and EUR 539 million revenue, will join Saica's operations pending antitrust approval.
The Aragonese multinational paper company increases its workforce by 20% following the completion of the acquisition of the German Thimm group and reaches a turnover that...
Saica said the acquisition will support its objective of developing local markets and getting closer...
The Zaragoza Firefighters have definitively extinguished the fire that broke out this Saturday afternoon at the Saica Natur plant in El Rabal in...
Saica has agreed to acquire German corrugated group Thimm, expanding its packaging footprint across Europe.
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