# Klabin to buy International Paper's Brazilian packaging assets for R$330M

Klabin agreed to acquire International Paper's packaging assets in Brazil for R$330 million, consolidating its leadership in corrugated packaging. The deal was announced on 29 March 2020.

- Type: Acquisition
- Announced: 2020-03-29
- Where: Nova Campina, São Paulo, Brazil
- Value: $66.0M (330.0M BRL)
- Status: announced
- Capacity: 160,000 tonnes/year (Nova Campina mill)
- Products: corrugated boxes, containerboard
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [International Paper](https://endata.com/companies/716.md) (partner)
- [Klabin](https://endata.com/companies/3670.md) (acquirer)

## Sources

- [valor.globo.com](https://valor.globo.com/impresso/noticia/2020/03/30/klabin-compra-fabricas-de-embalagem-da-ip.ghtml), 2020-03-30: "Maior fabricante de papéis para embalagem e embalagens de papelão ondulado do país, a Klabin se consolidou na liderança do segmento com a aquisição dos ativos de embalagem da International Paper (IP) no Brasil por R$ 330 milhões, anunciada ontem."
- [indexgrupo.com.br](https://indexgrupo.com.br/?p=17807), 2020-04-02: "Com investimento de R$ 330 milhões, a compra do negócio embalagens dá 6,6% de market share adicional do mercado interno de papelão ondulado à Klabin"

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