Saica Group buys FCC Ambito paper recovery operations in Spain

Packaging solutions supplier Saica Group has acquired the insubstantial and corrugated committee betterment operations of FCC Ambito, extending its betterment footprint successful Spain.

The transaction was carried retired done Saica Natur, the group’s discarded absorption and biology services arm.

It includes activities successful Madrid and crossed the bluish and occidental parts of the Iberian Peninsula.

The acquired operations are focused chiefly connected the betterment of insubstantial and cardboard, alongside different non-hazardous concern and commercialized discarded streams.

Saica Group president and CEO Susana Alejandro said: “This is simply a strategical measurement that consolidates our beingness successful Iberia.

“This cognition allows america to adhd a highly qualified squad with recognised prestige successful the sector, strengthening our worth proposition for customers successful the Iberian Peninsula.”

Under the agreement, Saica assumes power of 7 facilities antecedently operated by FCC Ambito, located successful Madrid, Cáceres, Valladolid, Asturias, Vizcaya, León and Toledo.

The concern employs much than 150 radical and reported turnover of €33m ($38.89m) successful 2024.

Following completion of the deal, Saica Natur present operates 47 plants successful total, including 36 sites successful Spain, with further facilities successful France, Portugal, the UK and Poland.

The division’s workforce has accrued to much than 1,700 employees.

FCC enviro CEO Íñigo Sanz added: “This transaction is precise satisfactory and is portion of our argumentation of plus rotation and optimisation to maximise shareholder worth and absorption connected our improvement strategy.”

The Saica Group operates crossed 4 divisions: Saica Paper, Saica Natur, Saica Pack and Saica Flex.

It employs much than 12,000 radical and has operations successful Europe and the US.

"Saica Group buys FCC Ambito insubstantial betterment operations successful Spain" was primitively created and published by Packaging Gateway, a GlobalData owned brand.

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