Grupo Nutresa has asked Colombia's competition authority, the SIC, to pre-clear its purchase of 100% of Empaques Industriales de Colombia (Empicolsa), a corrugated box maker. The seller is Chilean parent Sur Papel SpA, which would make a full exit. The deal is to close once the SIC grants Phase I clearance.
Albéa Group announced an agreement to acquire Amfora Packaging, based in Bogotá with operations in Colombia and Peru, to expand its Latin American presence in beauty and personal care packaging.
ACON Investments agreed to sell its controlling interest in Colombian packaging company Amfora Packaging S.A.S. to Albéa Group. Terms were not disclosed.
Smurfit Kappa intends to launch a €90 million cash offer for an additional 15.54% stake in Cartón de Colombia, lifting its holding from 69.94%. The deal is subject to Colombian regulatory approval and is expected to close in the second quarter of 2019.
Weener Plastics acquired Proenfar, a Latin American packaging company with four plants in Colombia, Argentina and Mexico, under an agreement signed April 23, 2018. The price was not disclosed.
TricorBraun formed a 50-50 joint venture with Amfora Packaging, named TricorBraun South America SAS, covering Colombia, Peru, Ecuador, Chile and Venezuela, headquartered in Bogotá, Colombia. The announcement was made on 27 October 2017.
Amcor announced an acquisition of a speciality container business in Colombia on May 3, 2017. The announcement text provided does not give the target name, price or other deal details.