# Schur Flexibles Group acquires Italian flexible packaging maker Sidac SpA

Schur Flexibles Group acquired Sidac SpA, a flexible packaging manufacturer based in Forlì near Bologna, to expand its presence in the Italian market. Sidac has about EUR 34 million in annual revenue and 120 employees; the deal value was not stated.

- Type: Acquisition
- Announced: 2021-04-06
- Where: Forlì, Italy
- Status: completed
- Products: flexible packaging laminates, stand-up pouches, reel-supplied laminates
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Schur Flexibles Group](https://endata.com/companies/367.md) (acquirer)
- [Sidac SpA](https://endata.com/companies/7814.md) (target)

## Sources

- [in-confectionery.com](https://in-confectionery.com/schur-flexibles-group-acquires-the-packaging-specialist-sidac-spa/), 2021-04-06: "Due to the acquisition of Sidac, we have gained an established partner for our regional expansion in Italy."

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