Thimm Verpackung has taken over the corrugated cardboard plant of Reka Wellpappenwerke in Lohhof, Bavaria.
According to Thimm – based in Northeim, Germany, and the biggest business division of a family-owned group supplying corrugated and multi-material packaging and packaging-related services around Europe – operations will be transferred on 1 February 2014.
Business operations will then continue under the name of Thimm Verpackung Süd GmbH + Co. KG.
The Reka plant in Kitzingen is not included in the takeover and remains in the ownership of the Schröder family.
“We already supply many customers in Bavaria from our existing corrugated cardboard plants in Germany and the Czech Republic,” says Mathias Schliep, Thimm Group CEO.
“In addition, customer proximity is becoming increasingly important both due to sustainability reasons and ever rising logistics costs.”
Thimm's stated objective is to further expand its own market presence in southern Germany including Bavaria, with its next step being the planned construction of a next-generation corrugated cardboard plant to replace the Lohhof plant in the medium-term, with a production start date initially scheduled for 2016.
With approximately 2,350 employees working at 16 sites in Germany, Czech Republic, Romania, Poland and Austria, Thimm generated annual revenues of €450 million in 2013.
