The European Commission approved Saica Group's acquisition of Thimm Group's nine corrugated board plants in Germany, Poland, the Czech Republic and Romania, plus a preprint facility in Ilsenburg, Germany. The deal adds 1.2 billion square metres of corrugated capacity and about 2,500 employees.
Thimm invested EUR 10 million in its Tychy, Poland plant, adding a new Göpfert corrugated line and new halls. Annual capacity rose from 130 to 165 million square metres of corrugated cardboard.
Packaging manufacturer Thimm installed a new Bahmüller Turbox folder gluer and automated downstream equipment at its Wörrstadt site for EUR 4.2 million, to meet rising e-commerce packaging demand.
TOP Packaging, a THIMM and Saica joint venture, took over United Packaging SA, a corrugated cardboard packaging works near Wroclaw in Skarbimierz, Poland, effective October 1, 2019.
Thimm Verpackung officially opened its new Holledau corrugated packaging plant in Wolnzach, Bavaria, on 15-16 September 2017 after investing 60 million euros. The plant uses rotary and flat-bed die-cutting and a high-tech corrugator.
Thimm Verpackung has started series production at its new Holledau corrugated packaging plant in Wolnzach, Bavaria, after a test run since February 2017. The plant has a capacity of 120 million square metres, has received a total investment of EUR 60 million, and employs 150 people.