EU approves Saica’s acquisition of Thimm plants in four countries

2 months ago 36

Vidhya Edwards Munnangi

Mon, July 27, 2026 astatine 4:46 AM CDT 1 min read

The European Commission (EC) has approved Saica Group's acquisition of Thimm Group plants successful Germany, Poland, the Czech Republic and Romania.

The woody covers each activities successful those 4 countries, comprising 9 corrugated committee plants. It besides includes 1 preprint installation successful Ilsenburg, Germany.

Saica said the cognition volition summation its corrugated cardboard accumulation capableness by 1,200 cardinal quadrate metres and adhd astir 2,500 employees.

The acquisition volition enactment its nonsubjective of processing section markets and getting person to customers, it added.

Saica Group president and CEO Susana Alejandro said: "We are precise blessed to integrate Thimm's squad wrong Saica Group, its cognition and skills are highly appreciated successful the sector. At Saica Group, radical makes the difference: they are what drives our organisation. We are convinced they volition lend to Saica's aboriginal and its success.

"This cognition is simply a precise important milestone for us, it is simply a measurement guardant successful Saica's concern maturation strategy with the purpose of further processing our infrastructures and services successful Central and Eastern Europe. It is portion of the improvement plans of the institution defined by Saica 2025, the strategical program of the company."

In May, the owning household of Thimm Group decided to merchantability the institution to Saica Group.

"EU approves Saica's acquisition of Thimm plants successful 4 countries" was primitively created and published by Packaging Gateway, a GlobalData owned brand.

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