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The European Commission has cleared Saica's takeover of Thimm, whose operations span Germany, Poland, the Czech Republic and Romania. Saica is starting integration following the approval.
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.
Saica Group agreed to buy the family-owned Thimm Group, a corrugated packaging maker with about 2,500 employees in Germany, Poland, the Czech Republic and Romania. The price was not disclosed.
Packaging maker Thimm became the new central supplier for online pharmacy DocMorris and developed optimised shipping boxes with reduced height and digital internal printing. The change cuts material use and saves 40 HGV journeys per year.
Thimm developed optimised standard shipping boxes for the DocMorris online pharmacy and became its new central packaging supplier for all shipping locations. The redesign reduced box height and cut 40 truck journeys per year.
Packaging maker Thimm is investing more than EUR 3 million in a new Mastercut 2.1 flat-bed die-cutter from Bobst at its Castrop-Rauxel site. The machine adds capacity of 25 million square metres of corrugated board per year.
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.
Thimm Group has commissioned a CorruCUT rotary die-cutter from Koenig & Bauer at its Wolnzach site in Bavaria, investing about €5.5 million to add at least 30 million square metres of annual capacity.
Thimm group expanded its folding box production capacity at its Wörrstadt, Germany site by installing a new production line, a few months after commissioning a new folder gluing machine.
THIMM Group plans to invest 400 million euros over five years in automation, digitalization, modernization and expansion of all its locations.
Japan United, via its German subsidiary United Europe and TRICOR Packaging & Logistics, signed a share purchase agreement to acquire THIMM Packaging Systems, a heavy-duty packaging maker in Hausen, Germany, subject to German antitrust approval.
Japan's Rengo Group agreed to acquire Thimm Packaging Systems, the industrial goods division of Germany's Thimm Group, with the price kept confidential. The takeover awaits Federal Cartel Office approval, expected within weeks.
Thimm expanded its Alzey corrugated board plant in Rhineland-Palatinate with a new corrugating roll module from BHS Corrugated, raising maximum speed to 350 metres per minute and enabling F-flute production in Germany.
Thimm, a packaging and display manufacturer, invested around ten million euros to expand its Všetaty plant in the Czech Republic with a new 134-metre MF-A corrugator from BHS Corrugated. The installation raised corrugated cardboard capacity at the site by up to 30%.
Packaging manufacturer Thimm Group installed a Corruflex flexo postprint press from Koenig & Bauer at its Sibiu plant in Romania, significantly expanding direct printing capacity on corrugated cardboard for Central and Eastern Europe. The announcement was dated 30 March 2021.
Tri-Wall's Mexican subsidiary TW Mexico Packaging Solutions acquired a 100% stake in Thimm Packaging Systems Mexico, a supplier of industrial packaging to the Mexican automotive market, with the transaction closing on October 9, 2020.
Thimm Packaging Systems, part of Thimm Group, is taking over ISL Group's two German sites in Viernheim and Serba, which employ about 250 people and generated €25m revenue in 2018. The deal awaits Federal Cartel Office approval, and the price was not disclosed.
TOP Packaging, a joint venture of Thimm Group and Saica, is taking over United Packaging SA's plant in Skarbimierz near Wroclaw, Poland, pending approval by the Polish cartel office. The plant has over 100 employees.
Thimm installed a new Fosber corrugator at its Sibiu, Romania plant, tripling corrugated cardboard capacity, with about EUR 10.4 million invested in the site over two years.
Thimm Group invested a total of 62 million euros in 2016, including a new corrugated cardboard plant in Bavaria, a digital web press at Ilsenburg and expansions of packaging plants in Germersheim and Puebla, Mexico.
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.
Thimm Group's new corrugated cardboard plant in Holledau, Wolnzach, Bavaria started series production at the beginning of 2017, described as one of the most modern corrugated cardboard plants in Europe.
