Smurfit Kappa expands with Mexican acquisition

Company has acquired Mexican packaging company Cartonbox for an undisclosed sum

Smurfit Kappa Group CEO Tony Smurfit.

Irish-headquartered international paper and packaging giant Smurfit Kappa Group has acquired Mexican packaging company Cartonbox for an undisclosed sum.

“As a global company, our objective has always been to strengthen our leadership across the globe. Our top priority is to generate value for our stakeholders, and Mexico has shown to be a key country for us to invest in,” said Juan G Castaneda, chief executive of Smurfit Kappa in the Americas.