SAICA Group has announced it has reached an agreement to acquire the total shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos.
Through this acquisition, Saica Natur strengthens its presence in the Madrid region of Spain. The acquired company has 25 employees and in 2022 had a turnover of 10 million euros. It manages up to 53,000 tonnes of waste annually, 92% of which is paper and cardboard.
Located in the municipality of Torrejón de Ardoz with a warehouse spanning almost 16,000 square metres, Ecovidal has been supplying recycled paper to Saica paper mills for over four decades.
