Packaging manufacturer Smurfit Kappa Group (SKG) has acquired Fabrika Hartije d.o.o. Beograd (FHB) paper mill and Avala Ada d.o.o Beograd corrugated plant in Belgrade from Kappa Star Group.
The acquisition will expand SKG’s geographic footprint and provide for full containerboard integration in the Group’s packaging operations in Southeast Europe.
According to SKG, Avala Ada and FHB have leading market positions in Serbia and solid positions in other countries.
The . . .
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