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April 6, 2021 Schur Flexibles Group has expanded its network on the Italian market with the acquisition of Sidac SpA, which operates a modern production plant in Forli, near Bologna. With annual revenue of approximately €34 million ($40m) last year and a workforce of 120 employees, Sidac has been manufacturing flexible packaging since 1929, particularly in the food, beverage, confectionery and animal feed segments. The product portfolio primarily encompasses complex laminates supplied on reels and used in the ready-to-eat convenience food and pet food segment (stand-up pouches). Michael Schernthaner, Schur Flexibles’ chief executive Schur Flexibles was also attracted to Sidac’s facility for solvent recovery, which complements the company’s circular economy objectives. Austria’s Schur Flexibles produces flexible packaging at 22 facilities located across 11 European countries. ....