# Schumacher Packaging takes majority stake in Kaierde solid board mill in Delligsen

Schumacher Packaging obtained a majority interest in the Kaierde board mill in Delligsen, Lower Saxony, raising its solid board capacity at the site from 50,000 to 75,000 tons per year. The deal is part of a 700 million euro investment programme to 2025.

- Type: Acquisition
- Announced: 2022-02-23
- Where: Delligsen, Lower Saxony, Germany
- Status: completed
- Capacity: 75,000 tons per year solid board (up from 50,000)
- Products: solid board, grey board, brown board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Schumacher Packaging](https://endata.com/companies/627.md) (acquirer)
- [Kartonfabrik Kaierde](https://endata.com/companies/8746.md) (target)
- [Kaierde](https://endata.com/companies/8903.md) (target)

## Sources

- [papnews.com](https://www.papnews.com/schumacher-packaging-obtains-a-majority-interest-in-the-kaierde-board-mill/), 2022-02-23: "has obtained a majority interest in the long-standing Kaierde board mill in Delligsen, Lower Saxony."
- [paperindustryworld.com](https://www.paperindustryworld.com/schumacher-packaging-buys-majority-stake-in-german-board-plant/), 2022-03-07: "Germany's Schumacher Packaging group has acquired a majority stake in Kartonfabrik Kaierde, a board producer with one plant in Delligsen, Germany."

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