# 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.

- Type: Acquisition
- Announced: 2016-12-23
- Where: Netherlands, Netherlands
- Status: announced
- Products: flexible packaging for food and tobacco industries
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Saica](https://endata.com/companies/631.md) (acquirer)
- [Schut Flexible Packaging](https://endata.com/companies/632.md) (target)
- [Hellema Verpakkingen](https://endata.com/companies/633.md) (target)
- [Lemapack](https://endata.com/companies/634.md) (target)
- [Flexible Packaging Holding](https://endata.com/companies/635.md) (partner)
- [Schut](https://endata.com/companies/668.md) (target)
- [Hellema](https://endata.com/companies/669.md) (target)

## Sources

- [saica.com](https://www.saica.com/en/news/saica-continues-its-international-expansion-with-the-acquisition-of-the-dutch-schut-hellema-and-lemapack/), 2016-12-23: "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)."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/materials/corrugated/saica-in-bullish-mood-with-acquisition-of-three-dutch-flexible-firms-03-01-2017), 2017-01-03: "Saica has hit the acquisition trail again, agreeing a deal to buy Schut, Hellema, and Lemapack from Flexible Packaging Holding (FPH)."

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