Schur Flexibles Group Acquires Sidac SpA
April 7, 2021
Austria-based Schur Flexibles Group has acquired Sidac SpA, a Forlì-based Italian manufacturer of flexible packaging, for an undisclosed sum. The deal gives Schur access to Sidac’s Forlì production plant, solvent-recovery facility and a portfolio serving food, beverage, confectionery and animal feed markets; Sidac reported ~€34 million revenue and about 120 employees.
- Buyers
- Schur Flexibles Group
- Targets
- Sidac SpA
- Industry
- Packaging
- Location
- Emilia-Romagna, Italy
- Transaction Type
- Buyout
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