# Zeus Group acquires Italian paper converter Cima Paper

Irish packaging group Zeus Group announced the acquisition of Cima Paper S.p.A., an Italian paper and board converter with annual revenues of EUR 65 million, to strengthen its vertically integrated packaging supply chain.

- Type: Acquisition
- Announced: 2023-06-26
- Where: Italy
- Status: completed
- Products: paper and board for corrugated convertors, coreboard for tubes, cores, rings and edge protectors
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Zeus](https://endata.com/companies/5639.md) (acquirer)
- [Cima Paper S.p.A.](https://endata.com/companies/10717.md) (target)

## Sources

- [global.zeuspackaging.com](https://global.zeuspackaging.com/zeus-group-expands-its-presence-in-the-paper-and-cardboard-sector-with-the-acquisition-of-cima-paper-s-p-a-in-italy/), 2023-06-26: "Zeus Group, the Irish-based global packaging solutions provider, has today announced the acquisition of Cima Paper S.p.A."

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