# Thimm Group to acquire ISL Group's German sites for multi-material packaging

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.

- Type: Acquisition
- Announced: 2019-10-15
- Where: Viernheim, Serba, Germany
- Jobs: 250
- Status: announced
- Products: foam solutions, technical moulded parts
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Thimm Group](https://endata.com/companies/1157.md) (acquirer)
- [ISL Group](https://endata.com/companies/5680.md) (target)

## Sources

- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/thimm-acquires-isl-group/), 2019-10-15: "The take-over will be finalised after the approval by the Federal Cartel Office which is expected in the next few weeks."

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