CMPC agrees to buy Iguaçu Celulose Papel plants and forests for R$946 million

Chile's CMPC agreed to buy three plants and forests of Paraná-based Iguaçu Celulose Papel for R$946 million including debts. The deal gives CMPC entry into Brazil's packaging market as the second-largest paper bag supplier.

“Last week, CMPC agreed to buy three plants and forests of Paraná-based Iguaçu Celulose Papel for R$946 million, including debts.”valorinternational.globo.com

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• valorinternational.globo.comMergers and acquisitions to drive packaging sector in 2022Dec 20, 2021

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