# Klabin sells Nova Campina packaging paper unit to Klingele Paper & Packaging for R$196M

Brazil's Klabin agreed to sell its packaging paper unit in Nova Campina, São Paulo, to Klingele Paper & Packaging for R$196 million, with R$132 million paid at closing. The unit has nominal capacity of 162,000 tonnes per year of kraftliner and is subject to CADE approval.

- Type: Acquisition
- Announced: 2020-06-24
- Where: Nova Campina, São Paulo, Brazil
- Value: $36.3M (196.0M BRL)
- Status: announced
- Capacity: 162,000 tonnes per year of kraftliner
- Products: kraftliner, packaging paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Klingele Papierwerke](https://endata.com/companies/2093.md) (acquirer)
- [Klabin](https://endata.com/companies/3670.md) (partner)
- [Klabin](https://endata.com/companies/3670.md) (target)

## Sources

- [forbes.com.br](https://forbes.com.br/negocios/2020/06/klabin-fecha-venda-de-unidade-de-papeis-para-embalagens-por-r-196-milhoes/), 2020-06-24: "a venda da unidade de papéis para embalagens localizada na cidade de Nova Campina (SP) para o Grupo Klingele Paper & Packaging por R$ 196 milhões"
- [packaging-journal.de](https://packaging-journal.de/en/klingele-buys-kraftliner-factory-in-brazil/), 2020-06-25: "The Klingele Paper & Packaging Group has signed an agreement with Klabin S. A. to purchase the kraftliner paper mill in Nova Campina in the state of São Paolo."
- [worldofprint.com](https://www.worldofprint.com/2020/06/30/klingele-acquires-kraftliner-factory-in-brazil/), 2020-06-29: "The Klingele Paper & Packaging Group ... has signed an agreement with Klabin S. A. ... to purchase the Kraftliner paper mill in Nova Campina"

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