# Smurfit Kappa completes takeover of Bulgarian packaging maker Balkanpack

Smurfit Kappa completed the takeover of Balkanpack, a Bulgarian corrugated board and packaging manufacturer with a plant in Kazanlak, on 1 March 2019. The deal's value was not disclosed.

- Type: Acquisition
- Announced: 2019-03-05
- Where: Kazanlak, Bulgaria
- Status: completed
- Products: corrugated board, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Smurfit Kappa](https://endata.com/companies/261.md) (acquirer)
- [Balkanpack](https://endata.com/companies/4711.md) (target)
- [Vitavel](https://endata.com/companies/4712.md) (target)

## Sources

- [euwid-paper.com](https://www.euwid-paper.com/news/markets/smurfit-kappa-acquires-bulgapack-and-vitavel/), 2019-03-05: "Smurfit Kappa Group (SKG) completed the takeover of Bulgarian corrugated board and packaging manufacturer Balkanpack on 1 March this year."

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