Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international legal team advising the Spanish Saica Group, one of the largest European players in the development and production of recycled paper and packaging, on the acquisition of the German Thimm Group, a leading provider of sustainable corrugated packaging and display solutions.

Founded in 1943, the Saica Group is operating in eleven countries and generated revenues of around EUR 3,962 billion in 2025 with more than 12,000 employees.

Founded in 1949, The Thimm Group operates at eleven locations across Europe. In 2024, the group generated revenues of approximately EUR 539 million with a workforce of around 2,500 employees.

The acquisition represents a key milestone in the Saica Group expansion strategy, strengthening its position in the sustainable packaging market and creating a platform for further regional growth.

NNDKP advised on the Romanian law aspects of the transaction, as part of a multijurisdictional team that included law firms in Poland, Czech Republic, Romania and Austria, coordinated by the German law firm Gleiss Lutz, which acted as Lead Counsel. The NNDKP team was led by Gabriela Cacerea, Partner and Co-head of the Corporate/M&A practice, and included Mădălina Pancă, Counsel, and Mihai Fifoiu, Senior Managing Associate.