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Thimm Packaging Systems, part of Thimm Group, is taking over ISL Group's two German sites in Viernheim and Serba, which employ about 250 people and generated €25m revenue in 2018. The deal awaits Federal Cartel Office approval, and the price was not disclosed.
“The take-over will be finalised after the approval by the Federal Cartel Office which is expected in the next few weeks.”thepackagingportal.com
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