Saica Group acquires Ecovidal to strengthen its presence in the Madrid region

Saica Group has reached an agreement to acquire all the shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos.

Through this acquisition, Saica Natur strengthens its presence in the Henares corridor, an important business, industrial and residential area in the north-east of Madrid region.

The company has 25 employees and in 2022 had a turnover of €10m. It manages up to 53,000 tonnes of waste annually, the vast majority of which (92%) is paper and cardboard. Located in the municipality of Torrejón de Ardoz (Madrid) with a warehouse spanning almost 16,000 square metres, Ecovidal has been supplying recycled paper to Saica Paper mills for over four decades, establishing a long-standing business partnership.

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