# THIMM Group plans EUR 400 million investment in automation and expansion

THIMM Group plans to invest 400 million euros over five years in automation, digitalization, modernization and expansion of all its locations.

- Type: Investment
- Announced: 2022-06-01
- Where: Germany
- Value: $420.0M (400.0M EUR)
- Status: announced
- Products: heavy-duty packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Thimm Group](https://endata.com/companies/1157.md)
- [Thimm Group](https://endata.com/companies/1157.md) (investor)

## Sources

- [minongpackaging.com](https://www.minongpackaging.com/news/japan-unites-to-acquire-expansion-in-europe-s-57685982.html), 2022-05-31: "Over the next five years, the THIMM Group plans to invest 400 million euros in automation, digitalization, modernization and expansion of all locations to ach"
- [paperindustryworld.com](https://www.paperindustryworld.com/thimm-group-sells-industrial-goods-packaging-unit-to-rengo/), 2022-06-30: "The company recently informed that this its expansion plan will involve a robust investment of EUR 400 million."

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