SEATTLE (Scrap Monster): Smurfit Kappa announced that it has reached an agreement to acquire Pusa Pack S.L., a bag-in-box packaging plant located in Onda, Valencian region, Spain. The acquired business will be integrated into Smurfit Kappa’s Bag-in-Box operations in Spain.
Pusa Pack S.L. is a specialized manufacturer of flexible bags, sized from 200 to 1500 litres, which are mainly used for the storage and transport of bulk food, cosmetics, pharmaceutical and other liquid and semi-liquid products.
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Thierry Minaud, CEO of Smurfit Kappa Bag-in-Box noted that companies nowadays are seen moving away from plastic or stainless steel intermediate bulk containers (IBC) to more sustainable corrugated solutions which have a considerably lower carbon footprint. The Smurfit Kappa IBC is made of fully recyclable, biodegradable and renewable corrugated, thus offering significant reduction in plastic weight, supply chain optimization and extended shelf life, he added.
Meantime, Vicente Salva, previous owner of Pusa Pack said that the company is glad to join Smurfit Kappa Groupo, which it believes would bring a lot of growth opportunities to it in future.
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