Saica Group acquires minority stakes in Adda Ondulati and Cartorobica

Saica Group acquired a minority share in Adda Ondulati and Cartorobica, two Italian corrugated board plants in Annone di Brianza and Pietrasanta with 2022 revenue of EUR 105 million and 247 employees.

“Saica Group has reached today an agreement with the family owners and has acquired a minority share of their corrugated plants in Annone di Brianza and Pietrasanta, Italy.”saica.com

• 3 sources
• saica.comSaica Group acquieres a minority share of ADDA Ondulati and Cartorobica in ItalyJul 6, 2023
• packagingnews.co.ukSaica Group takes minority stake in Italian corrugated player TaschettiJul 6, 2023
• chambers.comNNDKP Advised the Saica Group on the Acquisition of Thimm Group | Press Release | Chambers and PartnersAug 8, 2023

Summarized from public sources; check the original articles before acting on it.