Smurfit Kappa extends presence in Latin America with Peru buy

0
10

Smurfit Kappa Group plc (LON:SKG) has bought Cartones del Pacifico, a Peruvian packaging company, for an undisclosed amount.


The acquisition expands Smurfit’s operations in the Americas to 13 countries and strengthens its position in Latin America, the FTSE 100 group said in a statement.


Emusa Group also acquired Smurfit Kappa’s flexible packaging business in El Salvador as part of the deal,


Tony Smurfit, chief executive, said: “The acquisition of Cartones del Pacifico further expands our strategic reach and underscores our growing regional capability in Latin America.”


“The enlarged global footprint will also improve offerings to multinational clients operating throughout Latin America”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here