Smurfit Westrock to Acquire Empresas CMPC’s Chile Containerboard Business for $420 Million
Smurfit Westrock has agreed to acquire the containerboard and corrugated business of Empresas CMPC in Chile for $420 million. The deal includes a paper machine located in Santiago, which produces approximately 250,000 tons per year. This acquisition is expected to strengthen Smurfit Westrock’s regional paper system by adding production capacity and enhancing its presence in the South American market. The transaction was announced post-market on Wednesday and reflects Smurfit Westrock's strategy of expanding through strategic acquisitions that add value and scale within key markets. The deal highlights continued consolidation trends in the global packaging industry, where companies are seeking to optimize supply chains and improve operational efficiencies.
Tickers: $SW