Smurfit Kappa desembarca no país com aquisição de 186 milhões de euros

A fabricante irlandesa de embalagens de papel Smurfit Kappa anunciou nesta segunda-feira a aquisição das fabricantes brasileiras Inpa Embalagens e Paema Embalagens por um valor combinado de 186 milhões de euros.

A operação marca a entrada da companhia no Brasil. Até então, a Smurfit Kappa atuava em 33 países na Europa e nas Américas.

Segundo a Smurfit, as operações combinadas incluem três recicladoras de papéis com capacidade total de 210 mil toneladas e quatro instalações de papelão ondulado. Os ativos líquidos de Inpa e Paema representavam, em 30 de setembro do ano passado, 30 milhões de euros e 6 milhões de euros respectivamente.

"O tamanho e a localização das operações combinadas darão ao grupo posição de liderança no maior fornecedor de embalagens de papelão ondulado da América Latina", afirmou a companhia, em comunicado. Valor Economico  Leia mais em bol.uol 04/01/2016





Smurfit Kappa Enters Brazilian Packaging Market

Smurfit Kappa has acquired two integrated paper-based packaging businesses, Industria de Embalagens Santana and Paema Embalagens, based in Brazil, for a total consideration of approximately €186 million (R$805 million).
Both INPA and Paema are privately owned integrated packaging businesses. The combined operations have three recycled containerboard mills with a total capacity of 210,000 tonnes and four corrugated facilities servicing the Northeast of Brazil, through the Rio and Sao Paulo regions and the South of the country. The net assets of INPA and Paema at 30 September 2015 were €30 million (R$129 million) and €6 million (R$26 million) respectively.

The size and location of the combined operations will build on the Group’s leadership position as the largest  pan-regional corrugated packaging supplier in Latin America.  SKG will also enhance the two businesses through the application of the Group’s best-in-class operating systems and design and innovation capability. Furthermore, the Group’s enlarged global footprint will improve its packaging offering to multinationals operating throughout The Americas region.

The combined business employs over 1,700 people and the Group currently expects to generate synergies of approximately €6 million (R$28 million) to be delivered by the end of 2017, primarily through operational improvements and supply chain optimisation as the businesses are integrated. As a consequence, the post synergy 2015 EV/EBITDA multiple of the combined business is expected to be 6.3 times.

The transaction was completed at the end of December 2015 and will be immediately earnings accretive. The consideration was funded from the Group’s existing liquidity, comprising primarily cash resources together with the existing committed credit facilities.

Tony Smurfit, Smurfit Kappa Group CEO, commented: “We are pleased to announce the acquisition of INPA and Paema, which will extend our reach into a strategically important market and build on our geographic diversity and strength. We look forward to welcoming the experienced teams into the Smurfit Kappa Group. We are confident that their expertise and the high quality of their asset base will provide us with a strong entry point into the Brazilian market and, as the leading pan-regional operator in Latin America, further strengthen our service offering to our existing international customers.”

- See more at: http://www.smurfitkappa.com/vHome/com/Newsroom/PressReleases/Pages/Smurfit-Kappa-Enters-Brazilian-Packaging-Market.aspx