Smurfit Kappa has signed an agreement to acquire Pusa Pack S.L., a bag-in-box packaging plant located in Onda, close to Castellón in the Valencian region.
Pusa Pack S.L. specialises in the manufacture of large-capacity flexible bags, sized from 200 to 1500 litres ,which are used for the storage and transport of bulk food, cosmetics, pharmaceutical and other liquid and semi-liquid products. Pusa Pack will be integrated into Smurfit Kappa’s Bag-in-Box operations in Spain.
Commenting on the acquisition, Thierry Minaud, CEO of Smurfit Kappa Bag-in-Box, said: “Heavy-duty packaging is evolving towards more environmentally friendly solutions. We increasingly see the trend of companies moving away from plastic or stainless steel intermediate bulk containers (IBC) in favour of much more sustainable corrugated solutions which have a considerably lower carbon footprint.
“It makes perfect sense – if we compare a Smurfit Kappa IBC made of fully recyclable, biodegradable and renewable corrugated with a rigid plastic container, we see an 87% reduction in plastic weight, significant supply chain optimisation, elimination of cleaning requirements and shelf life extension for the product when aseptic filling technology is applied.”
Pascual Martinez, General Manager of Smurfit Kappa Bag-in-Box Ibi, added: “This acquisition will strengthen Smurfit Kappa’s Bag-in-Box portfolio and create strong supply chain and market synergies between the two companies. This acquisition will also be of great benefit for customers, especially those who have demand for bag-in-box solutions in different formats, for example retail and industrial use.”
Vicente Salvá, previous owner of Pusa Pack, said: “We are glad to join Smurfit Kappa Group, it will definitely bring a lot of opportunities to our company.”