Smurfit Kappa Group has completed the acquisition of Cartonbox, a folding carton company located in Monterrey, Mexico.
Jorge Alberto Angel, Smurfit Kappa Mexico CEO, said: “Smurfit Kappa Mexico welcomes 240 employees from Cartonbox to our family, and I could not be more pleased. Prior to the acquisition, we had three folding carton operations in Mexico, located in the Metropolitan Area of Mexico City and in Tijuana. This acquisition gives us the opportunity to directly supply our customers in the northern region of the country. I am certain that using our best-in-class operating systems, procurement arrangements, global mindset, and our design and innovation focus, we are well positioned to partner with new and current customers in the FMCG, food and beverage, bakery and office supplies sectors.”
Smurfit Kappa Group is one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas.
