# Cartonajes Vir agrees to acquire 100% of Cartonastur, completion due by 2025

Cartonajes Vir signed an agreement on August 31, 2023 to acquire 100% of the shares of Cartonastur, S.A. in Asturias, Spain. The combined company will have over 150 workers and revenue above 30 million, with the deal to close before the end of 2025.

- Type: Acquisition
- Announced: 2023-08-31
- Where: Gijón, Asturias, Spain
- Status: announced
- Products: corrugated cardboard, cartonaje packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cartonajes Vir](https://endata.com/companies/11011.md) (acquirer)
- [Cartonastur](https://endata.com/companies/11012.md) (target)

## Sources

- [elcomercio.es](https://www.elcomercio.es/economia/cartonajes-vir-adquiere-cartonastur-operacion-culminara-2025-20230917012926-nt.html), 2023-09-16: "Cartonajes Vir se hace con el 100% de las acciones de Cartonastur."

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