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Saica acquired French group Emin Leydier, a paper and corrugated packaging maker with eight French plants and 1,029 employees, adding 800,000 tonnes of recycled paper capacity. The deal was announced on 28 February 2018 and no price was disclosed.
SAICA has entered negotiations to acquire Emin Leydier, a French corrugated paper packaging manufacturer with eight French sites and over 1,000 employees, which generated EUR 356 million revenue in 2016; First Eagle holds about 53% of it.