Saica has acquired the Polish subsidiary of Schumacher Packaging, which includes the whole management, all employees, two state-of-the-art corrugated board plants in Bydgoszcz & Wroclaw, two paper mills in Grudziadz & Myszków, and three service centers.
Jul 25, 2024
Saica Group has reached an agreement with Schumacher Packaging to acquire their Polish subsidiary. That includes all activities in Poland: the whole management, all employees, two state-of-the-art corrugated board plants in Bydgoszcz and Wroclaw, two paper mills in Grudziadz and Myszków, one of which was completely modernized in 2023 and three service centers. Completion of this transaction is pending clearance by the Polish anti-trust authorities, as well as the fulfillment of certain conditions precedent.
The integrated Schumacher Packaging Group is one of the largest family-owned producers of customized corrugated and solid board packaging in Europe, recognised as an industry leader in innovation and technology, it has also pioneered high performance digital printing for corrugated board.
The Group has enjoyed a dynamic international growth over the years, with 26 sites in Germany, Poland, the Czech Republic, Great Britain, Italy and the Netherlands. In Poland, they have developed a solid portfolio of customers and have a capacity production of 440.000 tonnes of paper and 535 million square meters of corrugated board. Schumacher Packaging has 1,540 employees in Poland and the turnover was EUR 327 million in 2023 (aggregated sales).
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Both companies are working passionately towards its vision of climate-neutral packaging made from renewable raw materials.
“We are very happy that we came to this agreement with Saica – for our employees and our customers. There is a cultural proximity between the two family-owned companies, which will allow for rapid integration. The two companies’ products and services are complementary in Poland. Saica fills a gap in its already extensive geographic coverage by expanding into Europe’s sixth largest economy. This is an important step for Schumacher Packaging, as well, to lead our successful and healthy medium sized company into a long-term future. The spin-off of the Polish subsidiary will not cause any complications for the rest of the Schumacher Packaging Group. This is because the Polish organization works almost independently of the other country organizations with its own management, “ said Mr. Björn Schumacher, CEO of Schumacher Packaging.
“This will be a very important milestone. Not only is this a step forward in Saica’s business growth strategy, but it also aims to further develop our infrastructure and services in Eastern Europe. We are eager to welcome the Schumacher people in Poland, and further develop our culture and values with them, caring for the future, valuing people and accepting the challenges we have ahead”, said Ms. Susana Alejandro, President of Saica Group.
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This offer is part of the development plans of the company defined by Saica 2025, the strategic plan of the company.
Back in 2011, Saica Group entered the Polish market through a joint venture with Thimm Group, acquiring a corrugated cardboard packaging plant in Tychy, named TOP THIMM (with 51% of shares and Saica Group with 49% of shares). In 2022, Saica Group acquired 76% of shares of Fox Recykling, a waste management company in the city of Gdynia.
