# Saica agrees to acquire Schumacher Packaging's Polish subsidiary

Saica Group has reached an agreement to acquire Schumacher Packaging's Polish subsidiary, including two corrugated board plants, two paper mills and three service centres. Completion is pending Polish antitrust clearance; the price was not stated.

- Type: Acquisition
- Announced: 2024-07-22
- Where: Bydgoszcz, Wroclaw, Grudziadz, Myszków, Poland
- Jobs: 1,540
- Status: announced
- Capacity: 440,000 tonnes of paper and 535 million square meters of corrugated board per year
- Products: corrugated board packaging, paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Schumacher Packaging](https://endata.com/companies/627.md) (partner)
- [Schumacher Packaging](https://endata.com/companies/627.md) (target)
- [Saica](https://endata.com/companies/631.md) (acquirer)

## Sources

- [usa.saica.com](https://usa.saica.com/en/news/saica-group-and-schumacher-packaging-reach-an-agreement-for-poland/), 2024-07-22: "Saica Group has reached an agreement with Schumacher Packaging to acquire their Polish subsidiary."
- [paperfirst.info](https://www.paperfirst.info/saica-group-and-schumacher-packaging-reach-an-agreement-for-poland/), 2024-07-22: "We are very happy that we came to this agreement with Saica – for our employees and our customers."
- [packaginginsights.com](https://www.packaginginsights.com/news/beyond-the-headlines-saica-group-acquisition-sappi-europe-boosts-flexible-packaging-range.html), 2024-07-26: "Saica Group reached an agreement with Schumacher Packaging to acquire its Polish subsidiary."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/saica-group-acquires-schumacher-packaging-sites-in-poland-30-07-2024), 2024-07-30: "Saica Group has reached an agreement with Schumacher Packaging to acquire its Polish subsidiary"
- [globalpapermoney.com](https://www.globalpapermoney.com/saica-group-and-schumacher-packaging-reach-an-agreement-for-poland-cms-18055), 2024-08-06: "Saica Group has reached an agreement with Schumacher Packaging to acquire their Polish subsidiary."
- [pulpapernews.com](https://www.pulpapernews.com/20240807/15902/saica-group-and-schumacher-packaging-reach-agreement-poland), 2024-08-07: "Saica Group has reached an agreement with Schumacher Packaging to acquire their Polish subsidiary."
- [ceelm.com](https://ceelm.com/poland/27206-a-o-shearman-advises-schumacher-packaging-on-sale-of-polish-subsidiaries-to-saica-group), 2024-08-16: "A&O Shearman has advised Schumacher Packaging on the sale of its Polish subsidiaries to Saica Group."
- [ceelegalmatters.com](https://www.ceelegalmatters.com/by-practice/121-corporate-m-a/27206-a-o-shearman-advises-schumacher-packaging-on-sale-of-polish-subsidiaries-to-saica-group), 2024-08-16: "A&O Shearman has advised Schumacher Packaging on the sale of its Polish subsidiaries to Saica Group."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/4), 2024-10-07: "Saica Group has reached an agreement with Schumacher Packaging to acquire its Polish subsidiary, for an undisclosed fee."

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