Faerch, the leading European supplier of trays for the global food industry and the world’s first integrated tray recycler, today announced the strategic acquisition of the Sirap food packaging business in Italy, Poland and Spain, from Italmobiliare (Italy), and thereby strengthens its Pan-European footprint. The acquisition further builds out the company’s geographic presence and provides local customers with direct access to Faerch’s value added, innovative packaging solutions. The Sirap acquisition accelerates Faerch’s circularity agenda and the execution of its sustainability strategy across Europe.