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Ireland's Smurfit buys CYBSA for $100 million

Tuesday, March 10, 2015

Irish paper and packaging manufacturer Smurfit Kappa has increased its presence ion the high growth Central American market through the acquisition of CYBSA.

A non-integrated corrugated, folding cartons and flexible packaging manufacturer with operations in El Salvador and Costa Rica, Grupo CYBSA is a private company with approximately 1,000 employees and net assets of about $40 million.

Source: Irish Times