Saica makes acquisition in Spain

The Saica Group has expanded its packaging recovery network in Spain with its acquisition of the paper and corrugated board recovery business of FCC Ambito, a subsidiary of FCC Enviro, adding Madrid and the north and west regions of Spain to its footprint.

The transaction was carried out by the company’s waste and environmental services division, Saica Natur.

“This is a strategic step that consolidates our presence in Iberia,” Saica Group President and CEO Susana Alejandro says. “We are delighted to extend a warm welcome to everyone at FCC Ambito, as well as to the new customers and partners joining the Saica Group.

“This operation allows us to add to a highly qualified team with recognized prestige in the sector, strengthening our value proposition for customers in the Iberian Peninsula.”

The acquired business activities consist primarily of paper and cardboard recovery as well as nonhazardous industrial and commercial waste. Saica now takes over operations at FCC Ambito’s facilities in Madrid, Caceres, Valladolid, Asturias, Vizcaya, Leon and Toledo in Spain. The facilities employ more than 150 people.

“This transaction is very satisfactory and is part of our policy of asset rotation and optimization to maximize shareholder value and focus on our development strategy,” FCC Enviro CEO Iñigo Sanz says.

Following the acquisition, Saica Natur now has 47 facilities, 36 of which are in Spain and the rest spanning France, Portugal, the United Kingdom and Poland, and has more than 1,700 employees.

In late October, the company broke ground on its upcoming corrugated packaging manufacturing facility in Anderson, Indiana—its second corrugated packaging site in the United States. The facility is planned to start up in the fourth quarter of 2026 and expected to produce more than 1.2 million square feet of corrugated packaging annually.

Saica Group announced in 2021 plans to invest about $800 million in the U.S. market, including its Anderson facility and its packaging plant in Hamilton, Ohio.