Smurfit Kappa

Smurfit Kappa invested USD23.5 million to upgrade its Nuevo Laredo sheet plant in Tamaulipas, Mexico, into a fully integrated corrugated plant with a new corrugator. The new machine began operating in July 2024 and doubles production capacity.

Smurfit Kappa completed its acquisition of WestRock, forming Smurfit Westrock, which began trading on the NYSE on 8 July 2024. The deal was valued at nearly $12.7 billion when agreed in April 2024.

WestRock stockholders voted to approve the transaction agreement for a combination with Smurfit Kappa, creating Smurfit WestRock. Completion remains subject to conditions, and stockholders would receive one new share plus $5.00 in cash per WestRock share.

Smurfit Kappa signed an agreement to acquire Artemis Ltd., a Bag-in-Box packaging plant in Shumen, Bulgaria, that makes bags, films and caps for food and beverage packaging. The deal expands its presence in Eastern Europe.

Smurfit Kappa inaugurated a new corrugated cardboard packaging plant in Guarne, Antioquia, Colombia, investing over USD 50 million to expand capacity from its Medellin plant, which it describes as the group's most modern in Colombia.

Smurfit Kappa purchased a 259,000 square-foot industrial spec building at 1105 Scotts Bridge Road in Anderson County, South Carolina, at Exit 27 of I-85, committing to a $68 million investment and 200 new jobs.

The Smurfit Kappa and WestRock merger has received US, UK and other clearances, while EU merger and Foreign Subsidies Regulation approvals and Mexico clearance remain pending as of March 25, 2024.

Smurfit Kappa will invest EUR 54 million to double the capacity of its Bag-in-Box plant in Ibi, Alicante, Spain, and create 200 jobs. The investment also improves waste management and energy efficiency.

Smurfit Kappa plans a $115 million investment to build and expand two production plants in Santa Clara Coatitla, Ecatepec. The municipality has granted the licenses needed to start construction.

Smurfit Kappa and WestRock announced a transaction to combine into Smurfit WestRock, a global sustainable packaging leader with combined adjusted revenue of about $34 billion. The combined company will be domiciled in Ireland.

Smurfit Kappa held a ribbon-cutting at its Mexicali plant for four recent equipment investments totaling $14 million, which the company says raises production capacity by over 30 percent.

Smurfit Kappa is establishing its first South Carolina operation in Anderson County with a $68 million investment that will create 200 jobs. The company expects to acquire a 259,000-square-foot facility at 1105 Scotts Bridge Road.

Smurfit Kappa and WestRock signed a merger agreement valued at about $20 billion, creating the world's largest packaging company by revenue. The Consello Group advised WestRock.

Smurfit Kappa and WestRock announced a merger creating Smurfit WestRock, which will be domiciled in Ireland with global headquarters in Dublin. Smurfit Kappa shareholders will hold 50.4% and WestRock shareholders 49.6%, with closing expected in Q2 2024 subject to regulatory approval.

WestRock and Smurfit Kappa signed a merger agreement in September 2023 to create Smurfit WestRock, a publicly traded company with about $34 billion in value, 67 pulp mills and around 500 box-making plants, expected to close by March 2024 pending antitrust review.

Smurfit Kappa announced the acquisition of Cartonajes Carrion, a Spanish packaging producer located in Alcolea, Cordoba, with a strong presence in high-quality retail packaging and printing. No financial details were published.

Smurfit Kappa has inaugurated an integrated corrugated plant in Rabat, Morocco, its first operation in North Africa, with a 25,000 m2 facility costing over €35 million and supporting 400 direct and indirect jobs.

Smurfit Kappa Corrugados de Baja California inaugurated a new plant expansion in Baja California, Mexico, with an $11 million investment in machinery and an enlarged industrial building to raise production capacity.

Smurfit Kappa's Corrugados de Baja California subsidiary started operations at a new $11 million plant in Baja California, Mexico, which expanded its industrial building and added machinery to raise production capacity. The company is the main corrugated cardboard box manufacturer in the state.

Smurfit Kappa has completed a €40 million investment at its Pruszków corrugated plant in Poland, adding a high-tech corrugator and a new warehouse for 12,000 pallets. The expansion makes it the company's largest plant in Poland and adds 50 jobs.

Smurfit Kappa officially opened its expanded Pruszków plant in Poland on March 16, 2023, after a EUR 40 million investment that doubled production capacity and added a 12,000-pallet warehouse.

Smurfit Kappa has invested $23 million in a corrugated cardboard plant in the Oradel industrial park in Nuevo Laredo, Tamaulipas, Mexico. The facility is due to open the following week, and is expected to create direct and indirect jobs.

Smurfit Kappa signed an agreement to acquire Pusa Pack, a Valencian maker of 200 to 1,500 litre flexible bulk bags, to join its Bag-in-Box operations in Spain. No price was disclosed.

Smurfit Kappa has signed an agreement to acquire PaperBox, a packaging plant in Saquarema, about 70 km east of Rio de Janeiro. The deal is subject to regulatory approval and is expected to close at the end of October 2022.

Smurfit Kappa invested USD 23.5 million to upgrade its Nuevo Laredo sheet plant in Tamaulipas, Mexico into a fully integrated corrugated plant with a new corrugator. The machine began operating recently and doubles production capacity while cutting CO2 emissions by up to 40%.

Smurfit Kappa has started construction of its first corrugated packaging plant in Morocco, a 25,000 m2 facility in Rabat, with an investment of over €35 million and about 300 direct and indirect jobs. The first stone was laid on 25 May 2022.

Smurfit Kappa UK Limited acquired Atlas Packaging, an independent corrugated packaging provider based in Barnstaple, North Devon. The business serves shelf-ready packaging, gift boxing and e-commerce customers. Financial terms were not disclosed.

Smurfit Kappa Italia developed a 100% corrugated cardboard display solution with Unilever for personal care and health brands, offering reusable, standardized display components and simpler logistics. The article is dated March 8, 2022.

Smurfit Kappa announced an expansion of its Nuevo Laredo, Tamaulipas plant with installation of a first corrugator in the state, creating 50 jobs. The article gives the investment as 26.3 million dollars in the body but 23.6 million in the headline.

Smurfit Kappa announced an investment of over USD 33 million to expand its Fortaleza plant in Ceará, Brazil, adding a new corrugator, high-end printers and an innovation centre. The announcement was made on 18 January 2022.

Smurfit Kappa plans to invest 300 million dollars to expand its infrastructure and production in the State of Mexico over the coming years, creating more than 1,200 jobs. The announcement was made in January 2022 by Governor Alfredo Del Mazo Maza.

Caddick Construction has been appointed to deliver a 14,500 sq m factory extension for Smurfit Kappa at Mold Business Park in Flintshire, North Wales, part of a €40 million investment, with completion expected in summer 2022.

Smurfit Kappa is expanding its Mold Business Park plant in Flintshire with a 14,500 sq m extension, part of a EUR 40 million investment, to become the largest integrated corrugated plant in the UK. Caddick Construction was awarded the build, due for completion in summer 2022.

Smurfit Kappa has acquired Verzuolo, a 600,000-tonne recycled containerboard mill near Savona in Northern Italy, for €360 million ($416 million).

Smurfit Kappa is investing $22 million to expand its corrugated plant in Culiacan, Mexico, adding a 10,900 m2 building with a new corrugator and rotary die cutter, with completion targeted for the end of 2021. The plant's workforce is expected to grow to over 300 employees.

Smurfit Kappa agreed to acquire the Verzuolo recycled containerboard mill in northern Italy from Burgo Group for €360 million, with 600,000 tonnes annual capacity; closing is expected in Q4 2021.

Smurfit Kappa will invest 24 million euros to expand and modernize its corrugated plant in Rethel, north-east France, adding an 8200 square meter machine plant, with completion expected in 2023.

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

Smurfit Kappa completed a 12 million euro investment in a new flexible material production facility at its IBI plant in Spain, announced on 11 June 2021.

Smurfit Kappa completed a €12 million investment adding a 4,300 m2 flexible material production area at its Bag-in-Box plant in Ibi, Spain, which began phased operations earlier in 2021.

Emusa Group acquired Smurfit Kappa's flexible packaging business in El Salvador as part of the Cartones del Pacifico transaction.

Smurfit Kappa completed its acquisition of Cartones del Pacifico, a paper-based packaging company located in Paramonga near Lima, Peru. The deal expands its Americas footprint to 13 countries.

Smurfit Kappa is investing EUR 35 million to refurbish the PM2 paper machine at its Hoya mill in northwest Germany, raising output by 70 kt to 450 kt per year. The project is expected to be operational in Q1 2023.

Smurfit Kappa plans to invest €20m to expand converting capacity at four corrugated plants in the Czech Republic and Slovakia. The projects add more than 100 million boxes per year and are slated for completion by end of 2021.

Smurfit Kappa is investing €20 million in new converting equipment at four plants: Žebrák, Žimrovice and Olomouc in the Czech Republic, and Štúrovo in Slovakia. The investment adds over 100 million regular and offset printed boxes per year and is expected to be completed by the end of 2021.

Smurfit Kappa will invest over €25 million to expand its Pruszkow factory in central Poland to 37,500 square meters, adding a new corrugator and creating 25 jobs. Construction is due to start in July 2021 and finish in 2022.

Smurfit Kappa announced an investment of over €25 million at its Pruszkow plant in central Poland to double output, adding 25 jobs and a 12,000-pallet warehouse. Construction is due to start in July 2021 and finish during 2022.

Smurfit Kappa has approved a €40 million investment to expand capacity at its Mold plant in North Wales, making it the largest box factory in the UK. The investment includes equipment expected to cut CO2 emissions per tonne by 15%.

Smurfit Kappa announced a multi-million pound investment in its Tannochside plant in North Lanarkshire, Scotland, to improve print and conversion equipment for solid board and corrugated divisions.

Smurfit Kappa Colombia is relocating its Medellín corrugated plant to a new facility in Guarne, Antioquia, with a USD 50 million investment. Construction starts in Q1 2021 and operations are expected by late 2023 with 50% more capacity.

Smurfit Kappa is investing about EUR 50 million at its Brühl, Germany plant to raise corrugated board output above 200 million square meters a year by mid-2023 and create around 50 jobs.

Paper Machinery Producer (PMP) signed a contract to deliver two Intelli-Jet V hydraulic headboxes and engineering services for Smurfit Kappa's PM5 paper machine at the Uberaba mill in Brazil. Delivery and start-up are scheduled for the last quarter of 2020.

CM Downton, part of EV Cargo, won a three-year contract to transport packaging products from two Smurfit Kappa manufacturing sites in the south-west of England. The announcement was made on 9 March 2020.

Smurfit Kappa Brazil signed a contract in February 2020 with Polish supplier PMP for two Intelli-Jet V hydraulic headboxes for paper machine PM5 at its Uberaba mill in Minas Gerais, with delivery scheduled for Q4 2020.

Smurfit Kappa applied in July to extend its corrugated packaging plant on Mold Business Park in Flintshire by more than 14,000 square metres. The company says the expansion would secure 170 existing jobs and create around 50 new ones, making Mold its largest UK production site.

Smurfit Kappa has opened a new paper recycling plant in Marlia near Lucca, Italy, processing about 15,000 tonnes of recycled paper, rising to 25,000 tonnes next year. Six staff currently work at the site.

Smurfit Kappa is seeking planning permission to extend its Mold corrugated packaging plant in Flintshire by more than 14,000 square metres, raising capacity by over 80 per cent and adding around 50 jobs. Comments were being invited as of August 2019.

Irish packaging group Smurfit Kappa will invest $34 million in two stages to build a new corrugated cardboard plant in Baja California, Mexico, creating 200 new jobs.

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.

Smurfit Kappa is expanding Bag-in-Box packaging capacity with a new 100,000 sq ft plant in Texas, USA, acquired recently, to be equipped with modern dosing technology and employ 70 people at full capacity.

Smurfit Kappa completed the takeover of Balkanpack, a Bulgarian corrugated board and packaging manufacturer with a plant in Kazanlak, on 1 March 2019. The deal's value was not disclosed.

Smurfit Kappa Mexico plans to invest between $10 and $15 million over the next three years in its four plants in Nuevo Leon, Mexico, which make corrugated cardboard packaging.

Smurfit Kappa acquired Papcart, a French offset printing and consumer cardboard packaging company with two sites in Gétigné and Jarnac, to expand its luxury, wine and spirits, FMCG and bag-in-box portfolio. The deal was reported on 21 February 2019.

Smurfit Kappa inaugurated a folding carton manufacturing plant in Tijuana, Mexico, with an investment of US$145.5 million. The plant creates 250 jobs and starts with annual production of 10 million square meters.

Smurfit Kappa inaugurated its third plant in Tijuana, Mexico, after an investment of US$14.5 million, creating 250 jobs. The folding cardboard plant has a capacity of 10 million square meters and began operations at the end of 2018.

Smurfit Kappa is investing a total of 60 million Danish kroner in its Vamdrup packaging plant, including new printing machines and a 2,500 square metre extension, with 10-15 new employees to be hired when the expansion finishes around 1 April.

Smurfit Kappa invested R$24 million in its Uberaba plant in Minas Gerais, Brazil, boosting production by 30% through upgraded conversion equipment. The company plans a more aggressive investment programme in 2019.

Smurfit Kappa agreed to buy an integrated packaging business in Belgrade, Serbia, from Kappa Star Group, including the FHB paper mill and Avala Ada corrugated plant. The deal is valued at EUR 133 million.

Scania Parts Logistics selected Smurfit Kappa's paper-based packaging solutions to replace some of its supply chain materials. The honeycomb solution replaces EPS and wooden pallets and cuts storage space by 50%.

Smurfit Kappa worked with Scania Parts Logistics to replace wood pallets and expanded polystyrene in Scania's supply chain with a single-material, paper-based Honeycomb packaging solution that halved required storage space.

Smurfit Kappa has installed eight HP Scitex corrugated digital presses at sites in Belgium, Denmark, France, Portugal, Poland and the UK, with more installations planned in the UK and Netherlands. The presses support short runs and digital printing for corrugated packaging.

LIVIA Corporate Development agreed to acquire Smurfit Kappa's Baden board and packaging facility in Gernsbach, Germany, which has 298 employees and a mill producing 152,000 tons of recycled carton board a year.

Smurfit Kappa agreed to acquire Dutch paper and recycling company Reparenco from H2 Equity Partners for €460 million, adding a paper mill in Renkum.

Smurfit Kappa plans to invest more than €6 million during 2018 in its Mengíbar paper mill in Jaén, Spain, mainly in a new plant to recover its waste, as announced at the mill's 50th anniversary open day.

Smurfit Kappa started operating a new containerboard machine PM6 at its Los Reyes paper mill in Tlalnepantla, Mexico, in October 2017, adding about 100,000 tonnes a year of capacity for $62 million.

Smurfit Kappa Piteå is investing a total of SEK 45 million in its kraftliner mill in Piteå, Sweden, including a new chip screen and debarking drum upgrades, as part of its Piteå 750 plan to reach 750,000 tonnes a year.

Smurfit Kappa has acquired Soyuz, a Moscow-based corrugated packaging company with about 300 employees, strengthening its position in Russia. No financial terms were disclosed.

Smurfit Kappa agreed to purchase Litbag, a Portuguese maker of multi-layer EVOH barrier films and a leader in the Portuguese wine packaging market, to strengthen its position in Southern Europe. Terms were not disclosed. The announcement was made on February 14, 2017.

Smurfit Kappa's Tannochside plant in Scotland has introduced C&T Channel Matrix's Corrugate creasing matrix on its high-speed bottling line. The plant produces packaging for distilleries, food producers and pharmaceutical customers.

Smurfit Kappa UK, a subsidiary of Smurfit Kappa Group, agreed to acquire Saxon Packaging, a UK company that converts board into corrugated boxes and fitments. Financial terms were not disclosed.

Smurfit Kappa UK announced its acquisition of Saxon Packaging, an independent converter of board into corrugated boxes based in Lowestoft, Norfolk, serving customers in Suffolk, East Anglia and the Home Counties.