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EU Green-lights Saica's Purchase of Thimm Group

MT Newswires·07/24/2026 06:52:31
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06:52 AM EDT, 07/24/2026 (MT Newswires) -- The European Commission said Friday it cleared Spain-based SA Industrias Celulosa Aragonesa's, or Saica's, planned acquisition of Germany-headquartered Thimm Group. The regulator concluded that the deal, which mainly covers corrugated paper and cardboard packaging, would not raise competition concerns given the limited market position of the combined entity.