# Saica Group to acquire Spanish recycling firm Ecovidal

Saica Group has agreed to acquire a 100% stake in Ecovidal-Miguel Vidal e Hijos, a waste collection and paper recycling company in Torrejón de Ardoz near Madrid, Spain. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2023-12-08
- Where: Torrejón de Ardoz, Madrid, Spain
- Status: announced
- Capacity: about 53,000 tonnes of waste annually
- Products: recycled paper, waste collection services

## Companies

- [Saica](https://endata.com/companies/631.md) (acquirer)
- [Ecovidal-Miguel Vidal e Hijos](https://endata.com/companies/11332.md) (target)

## Sources

- [sustainabilitymea.com](https://www.sustainabilitymea.com/acquisitions-saica-buys-ecovidal-novvia-acquires-ocean-state-packaging-orora-completes-acquisition-of-saverglass/), 2023-12-08: "Saica Group has announced signing a new agreement to acquire a 100% stake in Ecovidal-Miguel Vidal e Hijos."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.