Marchmont Packaging Limited has been acquired by SAICA Group

Ryhall Limited has sold Marchmont Packaging Limited to Saica Group. Financial details have not been disclosed.

Founded in 1986, Marchmont Packaging is the Irish operation of Americk Packaging Group, a packaging group with six specialist sites across the UK and Ireland.

SAICA was founded over 70 years ago and remains a family-owned business. The group is a market leader in Spain that produces sustainable solutions for paper and board packaging. SAICA's four divisions include recycled paper production for corrugated board, recyclable materials, production of corrugated packaging and flexible packaging. The consolidated turnover of the group, which has over 8,000 employees and presence in Spain, Italy, Portugal UK, Ireland, Turkey and Luxembourg, was over US$2.3 billion in 2015 and the company's owners were keen to add other packaging operations to their portfolio.

Ryhall Limited is an Irish holding that manufactures and supplies packaging and labeling products.

Oaklins' team in Ireland advised the seller in this transaction.