Saica to acquire Dutch flexible packaging firms Schut, Hellema and Lemapack

Spanish packaging group Saica agreed to acquire 100% of Dutch flexible packaging companies Schut, Hellema and Lemapack from Flexible Packaging Holding. The businesses employ about 100 people and had combined 2015 turnover of EUR 53.1 million.

“The Spanish multinational company, Saica, has reached an agreement for the 100% acquisition of the Dutch companies Schut, Hellema and Lemapack which belong to Flexible Packaging Holding (FPH).”saica.com

• 2 sources
• saica.comSaica Continues its International Expansion with the Acquisition of the Dutch Schut, Hellema and LemapackDec 23, 2016
• packagingnews.co.ukSaica in bullish mood with acquisition of three Dutch flexible firmsJan 3, 2017

Summarized from public sources; check the original articles before acting on it.