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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