Americas: Smurfit Kappa buys calcium citrate malate magnesium and vitamin d3 tablets2 companies in Brazil for US$200M

Smurfit Kappa has bought two integrated paper-based packaging businesses in Brazil for €186 million (US$200.18 million).###Its newly bought Industria de Embalagens Santana (INPA) and Paema Embalagens have three recycled containerboard mills with a total capacity of 210,000 tons and four corrugated facilities servicing the Northeast of Brazil.###The net assets of INPA and Paema at 30 September 2015 were €30 million and €6 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. ###Smurfit Kappa Group will also enhance the two businesses through the application of the group’s operating systems and design and innovation capability. ###Furthermore, the group’s enlarmagnesium citrate same as magnesiumged global footprint will improve its packaging offering to multinationals operating throughout The Americas regiocaltrate citraten.###The combined business employs over 1,700 people and the Group currently expects to generate synergies of approximately €6 million to be delivered by the end of 2017, primarily through operational improvements and supply chain optimization as the businesses are integweightworld magnesium citraterated.##calcium citrate calcium aspartate calcium orotate and vitamin d3 tablets#Theswanson calcium citrate plus magnesium transaction was completed at the end of December 2015 and will be immediately earnings accretive.

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