# Smurfit Westrock to acquire CMPC's Chilean containerboard and corrugated business for $420M

Smurfit Westrock agreed to acquire the Chilean containerboard and corrugated business of Empresas CMPC for $420 million, including a recycled containerboard mill in Santiago, three corrugated plants and a molded tray facility. Completion is expected in the first half of 2027.

- Type: Acquisition
- Announced: 2026-09-23
- Where: Chile, Chile
- Value: $420.0M
- Status: announced
- Capacity: Paper machine producing approximately 250,000 tons per year
- Products: containerboard, corrugated packaging, molded trays
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Smurfit Westrock](https://endata.com/companies/3333.md) (acquirer)
- [CMPC](https://endata.com/companies/3334.md) (partner)
- [CMPC](https://endata.com/companies/3334.md) (target)
- [Empresas CMPC](https://endata.com/companies/14729.md) (target)
- [Envases Impresos Cordillera](https://endata.com/companies/14730.md) (target)
- [Chilena de Moldeados](https://endata.com/companies/14731.md) (target)

## Sources

- [smurfitwestrock.com](https://www.smurfitwestrock.com/newsroom/press-releases/2026/agreement-to-acquire-cmpcs-chilean-containerboard-and-corrugated-business), 2026-09-23: "Consideration of $420 million represents a post-synergy transaction multiple of less than 6 times Adjusted EBITDA."
- [index.businessinsurance.com](https://index.businessinsurance.com/observerreporter/article/bizwire-2026-9-23-smurfit-westrock-announces-agreement-to-acquire-cmpcs-chilean-containerboard-and-corrugated-business), 2026-09-23: "Consideration of $420 million represents a post-synergy transaction multiple of less than 6 times Adjusted EBITDA."
- [latincounsel.com](https://www.latincounsel.com/en/news/smurfit-westrock-acquires-cmpc-corrugated-packaging-business-for-usd-420-million), 2026-09-24: "The transaction was signed on September 23, 2026, and involves Chile."
- [milltalent.com](https://www.milltalent.com/blog/smurfit-westrock-s-420m-chile-deal), 2026-10-01: "On 23 September 2026, Smurfit Westrock agreed to acquire CMPC's Chilean containerboard and corrugated business for $420 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.