Smurfit Westrock agrees to buy CMPC’s Chilean containerboard and corrugated business for $420 million

Smurfit Westrock agreed to buy CMPC’s Chilean containerboard and corrugated packaging business for $420 million.

• Assets include a recycled containerboard mill in Santiago producing about 250,000 tons per year, supported by corrugated converting operations.
• The deal aims to strengthen integration across southern Latin America, expanding recycled paper supply and improving regional paper-to-box flows.
• Valuation implies a post-synergy multiple of less than 6x adjusted EBITDA.
• Closing is targeted for the first half of 2027, subject to customary conditions and regulatory approvals.