{"id":1053,"date":"2024-07-23T05:56:04","date_gmt":"2024-07-23T09:56:04","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=1053"},"modified":"2024-07-23T05:56:04","modified_gmt":"2024-07-23T09:56:04","slug":"saica-reaches-agreement-for-schumachers-polish-subsidiary","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=1053","title":{"rendered":"Saica reaches agreement for Schumacher\u2019s Polish subsidiary"},"content":{"rendered":"


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The deal is pending regulatory approval. Credit: Saica Group.<\/figcaption><\/figure>\n<\/p><\/div>\n

Saica Group, a leading European packaging company, has signed an agreement to acquire the Polish subsidiary of Schumacher Packaging, a major player in customised corrugated and solid board packaging.<\/p>\n

The deal, subject to regulatory approval, strengthens Saica\u2019s presence in Eastern Europe and adds significant production capacity.<\/p>\n

Schumacher Packaging\u2019s Polish operations boast a strong track record, employing more than 1,540 people across two corrugated board plants, two paper mills (one modernised in 2023), and three service centres.<\/p>\n

This acquisition brings an additional 440,000 tonnes (t) of paper and 535 million square metres of corrugated board production capacity to Saica, along with a well-established customer base.<\/p>\n

The transaction aligns with the strategic vision of both companies \u2013 a commitment to sustainable packaging solutions made from renewable materials.<\/p>\n

Sharing similar family-owned values, Saica and Schumacher Packaging believe the cultural fit will facilitate a smooth integration process.<\/p>\n

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