Zeus Group, the Irish-based global packaging solutions provider, has announced the acquisition of Cima Paper S.p.A. This latest addition to Zeus Group will leverage Cima Paper's scale, expertise, and resources into existing and future supply chains, enhancing its current manufacturing capability, streamlining existing Italian operations and expanding Cima’s geographical reach across Europe.
Keith Ockenden, CEO of Zeus Group emphasised the growing importance of sustainable solutions driven by legislation and the industry's commitment to reducing greenhouse gas emissions: "Cima Paper operates under the FSC Chain of Custody certification, ensuring responsible and sustainable sourcing. Their unwavering commitment to quality, customer service, and family values are completely consistent with the culture of Zeus."
Image: Zeus Group
Cima Paper S.p.A.'s extensive product range, which includes a comprehensive range of papers for corrugated convertors, coreboard for tubes, cores, rings, and edge protectors which perfectly complements Zeus Group's existing offerings.
Giacomo and Giovanni Cima will continue to lead the operations.
With annual revenues of Euro 65 million, Cima Paper S.p.A. was established over 150 years ago and has since solidified its position as one of Europe’s leading a trusted convertors of paper and board for the packaging sector.
Zeus is the Irish-owned global packaging supply chain solutions company.
