Saica acquires Centroplast

The Spanish Saica group acquired the Italian flexible packaging producer Centroplast. The company employs 235 people and had a turnover of EUR 67 million in 2015.
According to Saica, this allows them to enter the market of flexible packaging with greater force. They consider Italy as an important market, both now and in the future. 
The Saica group is a large manufacturer of recycled paper for corrugated board, with an annual production of 2.5 million tons of paper. The group employs more than 8000 people.