# Saica Group acquires minority stake in Belgian packaging maker Pacapime

Saica Group has agreed to acquire a minority share of Pacapime, a Belgian corrugated cardboard company based in Halle with 109 employees and EUR 61 million revenue in 2022. The deal strengthens Saica's presence in the Benelux and France.

- Type: Acquisition
- Announced: 2023-08-25
- Where: Halle, Belgium
- Jobs: 109
- Status: announced
- Products: corrugated cardboard packaging, recycled paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Saica](https://endata.com/companies/631.md) (acquirer)
- [Pacapime](https://endata.com/companies/10934.md) (target)

## Sources

- [saica.com](https://www.saica.com/en/news/saica-group-acquires-a-minority-share-of-pacapime-in-belgium/), 2023-08-25: "Saica Group has reached today an agreement to acquire a minority share of Pacapime, the Belgian corrugated cardboard company."
- [paperindustryworld.com](https://www.paperindustryworld.com/saica-group-acquires-a-minority-share-of-pacapime-in-belgium/), 2023-09-12: "Saica Group has reached an agreement to acquire a minority share of Pacapime the Belgian corrugated cardboard company."

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