Smurfit Kappa buys Peru's Cartones del Pacifico
Smurfit Kappa Group
€41.52
18:30 22/01/21
2.62%
€1.06
Packaging group Smurfit Kappa said it had bought Cartones del Pacifico in Peru for an undisclosed sum.
The acquisition expands the company’s footprint in the Americas from 12 to 13 countries. As part of the deal Emusa Group has acquired Smurfit Kappa’s flexible packaging business in El Salvador.
“With a population of over 30 million, we are delighted to expand our footprint into Peru to help drive future growth,” said chief executive Tony Smurfit on Friday.