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CMPC agreed to sell its Chilean corrugated packaging business, including Envases Impresos Cordillera and Chimolsa, to Smurfit Westrock for $420 million, subject to review by Chile's National Economic Prosecutor's Office.
Smurfit Westrock agreed to acquire the Chilean containerboard and corrugated business of Empresas CMPC for $420 million, including a recycled containerboard mill in Santiago, three corrugated plants and a molded tray facility. Completion is expected in the first half of 2027.
