Smurfit Westrock to buy CMPC's Chilean containerboard business for USD 420m
Smurfit Westrock has agreed to acquire CMPC's Chilean containerboard and corrugated business for USD 420m, a multiple of under 6 times post-synergy Adjusted EBITDA. The assets include a 250,000 tonne-a-year recycled containerboard mill in Santiago, three corrugated plants and one molded tray facility. The deal, funded from Smurfit Westrock's own liquid resources, is expected to close in the first half of 2027 subject to regulatory approval.
Why this mattersThe purchase makes Smurfit Westrock the leading containerboard and corrugated producer in Chile and links fibre flows across its Argentina, Peru, Ecuador and Brazil operations.
- Consideration is USD 420m, under 6 times post-synergy Adjusted EBITDA.
- Assets comprise a recycled containerboard mill in Santiago, a fibre collection network, three corrugated plants and one molded tray facility.
- The Santiago paper machine produces approximately 250,000 tonnes per year.
- The transaction will be funded from Smurfit Westrock's own liquid resources.
- Completion is expected in the first half of 2027, subject to customary closing conditions including regulatory approvals.
- The deal supports Smurfit Westrock's Latam 2030 targets, integrating with its operations in Argentina, Peru, Ecuador and Brazil.