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Smurfit Kappa UK buys Saxon Packaging

Smurfit Kappa UK is a subsidiary of the Smurfit Kappa Group
Smurfit Kappa UK is a subsidiary of the Smurfit Kappa Group

Smurfit Kappa UK has announced a deal to buy Saxon Packaging in Norfolk for an undisclosed sum.

Saxon Packaging is an independent converter of board into corrugated boxes and fitments. 

Smurfit Kappa UK is a subsidiary of the Smurfit Kappa Group, which is one of the leading paper-based packaging companies with operations in Europe and the Americas.

Earlier this week, the company reported pre-tax profits of €187m for the three months to the end of September, up 13% on the same time last year.

Smurfit Kappa said its third quarter revenues inched 1% higher to €2.050 billion from €2.024 billion.