Saica Group enhances its presence with the acquisition of Ecovidal-Miguel Vidal e Hijos, bolstering waste management capabilities and reinforcing its position in northeast Madrid.

Saica Group Expands Presence with Strategic Acquisition of Ecovidal-Miguel Vidal e Hijos in Waste Management

Saica Group has finalized the acquisition of Ecovidal-Miguel Vidal e Hijos, a waste management company handling 53,000 tonnes of waste, primarily paper and cardboard. With a 2022 turnover of 10 million euros and 25 employees, the acquisition strengthens Saica Natur's presence in the Henares corridor, a key region in northeast Madrid.

Ecovidal, located in Torrejón de Ardoz, maintains a long-standing partnership with Saica, supplying recycled paper to Saica Paper mills for over four decades. Saica Group, a major player in recycled paper production for corrugated board, spans various countries with a consolidated turnover of €4,394 million at the end of 2022.


Keywords

Keywords: Saica Group , acquisition , Ecovidal-Miguel Vidal e Hijos , waste management , Henares corridor , recycled paper production.

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