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Announced

Zeus Group to acquire Cima Paper.

Synopsis

Zeus Group, the Irish-based global packaging solutions provider, agreed to acquire Cima Paper, a provider of paper and board for the packaging sector. Financial terms were not disclosed. "We are thrilled to welcome the Cima Paper to the Zeus Group family. With a long-standing tradition in the industry, Cima Paper aligns perfectly with Zeus Group's vertically integrated strategy, optimising supply chains and delivering enhanced value across our finished products, particularly within the Manufacturing, Food & Retail packaging sectors," Keith Ockenden, Zeus Group CEO.

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