{"id":12020,"date":"2026-03-04T04:55:06","date_gmt":"2026-03-04T09:55:06","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=12020"},"modified":"2026-03-04T04:55:06","modified_gmt":"2026-03-04T09:55:06","slug":"smurfit-westrock-expands-in-ecuador-with-cartomanabi-purchase","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=12020","title":{"rendered":"Smurfit Westrock expands in Ecuador with Cartomanab\u00ed purchase"},"content":{"rendered":"


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The acquisition is part of Smurfit Westrock\u2019s regional growth strategy. Credit: Smurfit Westrock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Smurfit Westrock has finalised an asset purchase deal for Cartomanab\u00ed, a corrugated packaging producer based in Montecristi, Ecuador.<\/p>\n

Financial terms were not disclosed.<\/p>\n

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The deal enhances Smurfit Westrock\u2019s supply chain, tightening the link between North American production and Latin American operations.<\/p>\n

Established in 2020, Cartomanab\u00ed has an output exceeding 50,000tpa.<\/p>\n

It primarily caters to clients in the agriculture, protein, fast-moving consumer goods, and industrial sectors.<\/p>\n

Smurfit Westrock said that the acquisition is part of its regional growth strategy and will enhance its ability to support customers in Ecuador and surrounding markets.<\/p>\n

Smurfit Westrock Latin America president and CEO Alvaro Henao said: \u201cThe transaction in Ecuador is our first as Smurfit Westrock. It is an important milestone for us in Latin America, where we are the only pan-regional supplier with a fully integrated supply chain and the broadest range of sustainable and innovative paper-based solutions.<\/p>\n

\u201cWe look forward to working together with customers in this country and sharing all our knowledge, expertise and value-driven innovation.\u201d<\/p>\n

In\u00a0Q4 2025, Smurfit Westrock\u00a0reported net income attributable<\/a>\u00a0to shareholders of $97m, down from $146m\u00a0for the same period last year.\u00a0<\/p>\n

Quarterly net sales remained almost stable at $7.5bn.<\/p>\n

Operating profit for the quarter was\u202f$389m,\u202fdown 2% from a year earlier.<\/p>\n

For the full year 2025, the company\u2019s attributable net income rose to $699m from $319m in 2024.<\/p>\n

Annual net sales reached $31.1bn, up from the previous year\u2019s $21.1bn.<\/p>\n

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