The Saica Group has acquired the paper and corrugated board recovery business of FCC Ámbito, a subsidiary of FCC enviro, enabling the company to expand its recovery network in Spain with the addition of the territories of Madrid and the north and west of the peninsula.
The transaction was carried out by Saica Natur, the group’s waste management and environmental services division. The main activity of the acquired business consists primarily of the recovery of paper and cardboard and other non-hazardous industrial and commercial waste.
Saica thus takes over the activities carried out by this FCC Ámbito business at its plants in Madrid, Cáceres, Valladolid, Asturias, Vizcaya, León, and Toledo. These plants employ more than 150 people and in 2024 their turnover amounted to €33 million.
“This is a strategic step that consolidates our presence in Iberia. We are delighted to extend a warm welcome to everyone at FCC Ámbito, as well as to the new customers and partners joining the Saica Group. This operation allows us to add a highly qualified team with recognized prestige in the sector, strengthening our value proposition for customers in the Iberian Peninsula,” said Susana Alejandro, President and CEO of the Saica Group.
For Íñigo Sanz, CEO of FCC enviro, “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. ”Following this acquisition, Saica Natur now has 47 plants, 36 of which are in Spain and the rest in France, Portugal, the United Kingdom, and Poland. In addition, the total workforce of this business unit has grown to over 1,700 employees.