# Faerch Group acquires Sirap food packaging business from Italmobiliare

Denmark-based Faerch Group has acquired the Sirap food packaging business in Italy, Poland and Spain from Italmobiliare. The business includes three production sites, and the deal is expected to close within three months, subject to regulatory approval.

- Type: Acquisition
- Announced: 2020-11-10
- Status: announced
- Products: food grade recyclable packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Faerch Group](https://endata.com/companies/7218.md) (acquirer)
- [Sirap](https://endata.com/companies/7219.md) (target)
- [Italmobiliare](https://endata.com/companies/7220.md) (partner)

## Sources

- [esmmagazine.com](https://www.esmmagazine.com/packaging-design/faerch-group-acquires-sirap-food-packaging-business-113676), 2020-11-10: "The transaction is expected to close within three months, subject to customary closing conditions and regulatory approval."

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