Smurfit Kappa poised to take over Bulgaria’s Vitalvel AD

by   CIJ News iDesk VII
2019-02-20   10:04
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Smurfit Kappa is looking to take over Bulgaria’s Vitalvel AD, according to papers the Irish paper and packaging producer filed with the Commission for Protection of Competition. The exact financial terms of any future deal were not disclosed. Smurfit Kappa operates in 33 countries across Europe as well as the US and has a total of 45,000 employees. It produces corrugated cardboard, packaging and reported a turnover of €8.6bn in 2017.