M&A Deal Summary

Smurfit Kappa Group Acquires Bates Container

On September 29, 2014, Smurfit Kappa Group acquired packaging company Bates Container for 150M USD

Acquisition Highlights
  • This is Smurfit Kappa Group’s 3rd transaction in the Packaging sector.
  • This is Smurfit Kappa Group’s 2nd largest (disclosed) transaction.
  • This is Smurfit Kappa Group’s 2nd transaction in the United States.
  • This is Smurfit Kappa Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2014-09-29
Target Bates Container
Sector Packaging
Buyer(s) Smurfit Kappa Group
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Bates Container

North Richland Hills, Texas, United States
Bates Container LLC is an non-integrated corrugated packaging manufacturer.

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Buyer(S) 1

Buyer

Smurfit Kappa Group

Dublin, Ireland

Category Company
Founded 1934
Sector Packaging
Employees48,000
Revenue 10.1B EUR (2021)
DESCRIPTION

Smurfit Kappa Group is a producer of paper-based packaging. Company manufacture paper-based packaging, with our locations supported by a network of paper, recycling and forestry operations. Smurfit Kappa Group was founded in 1934 and is based in Dublin, Ireland. Smurfit Kappa Group was founded in 1934 and is based in Dublin, Ireland.


DEAL STATS #
Overall 3 of 13
Sector (Packaging) 3 of 12
Type (Add-on Acquisition) 3 of 13
State (Texas) 1 of 1
Country (United States) 2 of 4
Year (2014) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-14 CRP Print and Packaging Holdings

Corby, United Kingdom

CRP Print and Packaging Holdings Ltd. is a private company with operations in Corby which specialises in litho-laminated packaging, 3D point of sale, HD preprint, food contact and heavy duty.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-17 Grupo CYBSA

El Salvador

Grupo CYBSA operates five packaging plants in El Salvador and Costa Rica, from which it services a customer base in its domestic markets, along with Guatemala and Honduras.

Buy -