At what enterprise value was THIMM GROUP acquired in 2026?

You can find the full valuation details of THIMM GROUP on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of THIMM GROUP when it was acquired by SAICA GROUP?

The exact EV/EBITDA multiple for THIMM GROUP is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was THIMM GROUP acquired by SAICA GROUP?

THIMM GROUP was acquired by SAICA GROUP in 2026.

What was the revenue of THIMM GROUP at the time of the deal?

The revenue of THIMM GROUP at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of THIMM GROUP during the acquisition?

THIMM GROUP's EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the THIMM GROUP acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the THIMM GROUP deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.saica.com/en/news/saica-group-acquires-thimm-group/

← DATABASE

Home Database Industry & ManufacturingTHIMM GROUP

05/2026

THIMM GROUP

Acquired by

SAICA GROUP

GERMANY Chemicals & Materials / Packaging & Containers / Paper & Cardboard REV 450M - 900M EUR

THIMM GROUP acquired by SAICA GROUP

GERMANY Chemicals & Materials / Packaging & Containers / Paper & Cardboard REV 450M - 900M EUR

Context

Saica Group has announced a definitive agreement to acquire 100% of Thimm Group, a premier European provider of sustainable packaging and display solutions. This transaction represents a landmark corporate buyout within the European paper and packaging sector, uniting two industrial giants with a deeply institutionalized history of partnership, including a strategic sales alliance and an active joint venture in Poland. The acquisition thesis represents a major, transformational consolidation play designed to capture absolute market leadership within the Western and Eastern European packaging landscapes. By integrating Thimm Group, Saica Group successfully executes a major geographic expansion, establishing an immediate, large-scale operational beachhead in Germany and highly complementary Eastern European territories. The post-closing strategic rationale focuses on unlocking substantial operational efficiencies, capturing deep network synergies, and driving economies of scale across the unified corporate platform.

THIMM GROUP, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Industry & Manufacturing market trends

Target

Thimm Group operates as a premier European designer and manufacturer of sustainable packaging and display solutions, commanding a market-leading position within the corrugated cardboard sector. Founded in 1949 by Walter Felix Thimm, the family-rooted enterprise has scaled into a major multinational platform with an extensive operational footprint spanning Germany, Poland, Romania, and the Czech Republic. The group’s comprehensive product portfolio encompasses engineered transport, shipping, and retail packaging for fast-moving consumer goods (FMCG), standardized merchandise-bearing display systems, and high-quality preprints designed for industrial conversion. The company’s business model and value proposition are deeply anchored in the principles of the circular economy and closed-loop resource management. By engineering high-performance, eco-friendly corrugated alternatives, Thimm Group enables its corporate client base to optimize supply chain logistics, enhance point-of-sale product positioning, and materially reduce the environmental footprint of their packaging workflows.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Other operations with THIMM GROUP

REFERENCES

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of THIMM GROUP by SAICA GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: thimm group

Acquirer: saica group