Smurfit Westrock expands in Ecuador with Cartomanabí purchase

Group 1 - Smurfit Westrock has finalized an asset purchase deal for Cartomanabí, a corrugated packaging producer in Ecuador, enhancing its supply chain between North America and Latin America [1] - The acquisition is part of Smurfit Westrock's regional growth strategy, aimed at improving support for customers in Ecuador and surrounding markets [2] - The deal marks Smurfit Westrock's first acquisition in Latin America, positioning the company as the only pan-regional supplier with a fully integrated supply chain [2] Group 2 - Cartomanabí, established in 2020, has an output exceeding 50,000 tons per annum and serves clients in agriculture, protein, fast-moving consumer goods, and industrial sectors [1] - In Q4 2025, Smurfit Westrock reported a net income attributable to shareholders of $97 million, down from $146 million in the same period last year, while quarterly net sales remained stable at $7.5 billion [3] - For the full year 2025, the company's attributable net income rose to $699 million from $319 million in 2024, with annual net sales reaching $31.1 billion, up from $21.1 billion the previous year [3][4]