Smurfit Kappa's Bag-in-Box division adds sixth facility to its operations by acquiring Argentinian bag-in-box maker Baguin, enabling company to expand its product range, strengthen Latin American presence

LOS ANGELES , March 22, 2012 () –

Smurfit Kappa Group announced that its Bag-in-Box division has acquired bag-in-box maker Baguin of Buenos Aires, Argentina, but did not disclose the terms, reported Packaging News on March 21.

The acquisition will enable Smurfit Kappa Bag-in-Box to expand its product range and strengthen its presence in the growing markets of Latin America, according to a statement from the Dublin, Ireland-based company.

Smurfit Kappa Bag-In-Box now has six modern facilities to serve its customers worldwide, Packaging News reported.

The other locations are in Epernay, France; St. Petersburg, Russia; Ibi, Spain; Toronto, Canada; and Alessandria, Italy, according to the company’s website.

Baguin, which was started in 1992 and has continued to focus on expansion, has a 4,000-square-meter (43,056 square feet) factory that has modern equipment to make bags, as well machines for injection molding, film extrusion and recycling, reported Packaging News.

The company’s more than 220 products are ISO 9001 certified and made according to Hazard Analysis & Critical Control Points (HACCP) standards.

These products include bags ranging from 750 milliliters (23.4 ounces) to 1,000 liters (264.2 gallons) capacity, taps, films and filling systems, mainly for the pharmaceutical and food industries.

Baguin’s sells mostly to the pharmaceutical and food industries. Its markets have mainly been developed in nine Latin American countries, with its prime focus on Argentina, Peru, Chile and Brazil, Packaging News reported.

The primary source of this article is Packaging News, London, England, on March 21, 2012.

 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.