# Smurfit Kappa completes acquisition of Cartonbox folding carton operations in Mexico

Smurfit Kappa Group completed the acquisition of Cartonbox, a folding carton company based in Monterrey, north-east Mexico, announced on 5 July 2021.

- Type: Acquisition
- Announced: 2021-07-05
- Where: Monterrey, Mexico
- Jobs: 240
- Status: completed
- Capacity: more than 30 million packages a month
- Products: folding cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Smurfit Kappa](https://endata.com/companies/261.md) (acquirer)
- [Cartonbox](https://endata.com/companies/8155.md) (target)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/12), 2021-07-05: "Smurfit Kappa Group has completed the acquisition of Cartonbox, a folding carton company located in Monterrey, in the north-east of Mexico."
- [scrapmonster.com](https://www.scrapmonster.com/news/paper-recycling/smurfit-kappa-completed-acquisition-of-folding-carton-company-in-mexico/80032), 2021-07-06: "Smurfit Kappa- Europe's leading corrugated packaging company announced that it has completed acquisition of Cartonbox, a folding carton company located in Monterrey, Mexico."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/smurfit-kappa-cartonbox/), 2021-07-06: "Irish corrugated packaging company Smurfit Kappa has acquired Cartonbox, a folding and micro-corrugated cardboard packaging producer based in Mexico."
- [packagingworldinsights.com](https://www.packagingworldinsights.com/industrial-goods/smurfit-kappa-acquires-mexican-packaging-company-cartonbox/), 2021-07-19: "Smurfit Kappa has taken on 240 employees from Cartonbox due to the acquisition."

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