SCA has acquired Vincor Group, a Dutch packaging company, on a debt-free purchase price of around $11.75 million. The company reported sales of around $20.25 million last year.
Vincor has three conversion units in the Netherlands and focuses mainly on short production series within specialty segments of the corrugated packaging market.
SCA, based in Sweden, has a significant presence in both Europe as well as North America. It has a significant presence in the tissue, packaging and writing paper markets.
Latest from Recycling Today
- Cards Recycling, Live Oak Environmental merge to form Ecowaste
- Indiana awards $500K in recycling grants
- Atlantic Alumina partners with US government on alumina, gallium production
- GP Recycling president retires
- Novelis Latchford commissions new bag houses
- UK facility focuses on magnet recycling
- Aduro revenue increases while losses widen
- Worldsteel updates its indirect steel data