EU clearance enables Saica to integrate Thimm’s packaging assets across four European markets
Executive summary: The EU Commission granted antitrust clearance for Saica’s purchase of Thimm’s packaging plants in four countries. The clearance removes the last regulatory hurdle, allowing Saica to expand its corrugated packaging capacity and strengthen its position in key European markets.
Who is involved: Saica (Spain-based recycled paper and packaging group) and Thimm (German packaging manufacturer), with the European Commission as the approving authority.
Likely next: Saica will proceed to close the acquisition and integrate the Thimm facilities into its operations, likely beginning in the second half of 2026.
The European Commission has approved Saica’s acquisition of Thimm’s plants in Germany, France, Spain and Italy, clearing the deal under EU merger rules. The approval indicates that the transaction does not raise significant competition concerns in the corrugated packaging sector. Saica, a leading recycled paper and packaging group, will gain additional production capacity and geographic reach through the deal. Integration of the Thimm facilities is expected to follow the closing of the transaction.
Timeline
- — EU approves Saica’s acquisition of Thimm plants in four countries (Yahoo Finance)
- — Saica recibe el visto bueno de Bruselas para la compra del grupo alemán Thimm (Expansión)
Analysis — what this means
Sectors affected
- corrugated packaging
- recycled paper packaging
Regulatory implications
- EU Commission cleared the transaction under Article 101 TFEU with no remedial measures required
Key entities
Sources
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