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The packaging expert has an underappreciated asset base
Thursday 14 Jun 2018 Author: Steven Frazer

Did you know that Europe’s largest paper and packaging firm Smurfit Kappa (SKG) owns more than 100,000 hectares of specially planted forest? That’s equivalent to 139,000 Wembley pitches, or 70,000 Lord’s Cricket Grounds.

Those millions of trees are spread across forests in Colombia, Venezuela, Spain and France, acting as a supersized source of raw material.

Dublin-headquartered and London-listed Smurfit shot into the headlines recently after twice rebuffing takeover approaches from International Paper, the world’s largest paper and packaging supplier.

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