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Adding 675,000 ton paper mill in Netherlands strengthens SKG’s integrated business.
May 25, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Smurfit Kappa Group plc announced that it has agreed to acquire Reparenco, a privately-owned paper and recycling business in the Netherlands, for a cash consideration of approximately €460 million following a competitive process. Reparenco operates a two-machine paper mill in the Netherlands with a capacity of 675,000 tons together with a 750,000 ton recovered fiber operation. Reparenco employs 315 people with gross assets of €189 million and generated EBITDA of €41 million in the 12 months ...
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