BRUSSELS, April 13, 2015 (RISI) - Smurfit Kappa Group (SKG) has declined to comment on reports that it might be snapped up by the US-based packaging giant International Paper (IP).
Yesterday, several major UK papers, including The Sunday Times and The Telegraph, wrote that IP is working on a potential takeover bid for Smurfit Kappa worth over £6 billion ($8.7 billion).
SKG posted revenues of Euro 8.083 billion ($8.51 billion) in its full 2014 financial year,.
LONDON, April 2, 2015 (Press Release) -In 2012 the Kemsley Mill undertook a major refit of Paper Machine 3. The rebuild allowed the mill to produce a triple-ply White Liner paper, with the strength and runability of a Liner 2 and the printability of a white Kraft liner.
Pre-production testing at a pre-print house and corrugator plants showed the paper to have a printability greater than any other Liner and equal to any Kraft liners then available in the UK.Read more