Smurfit Westrock Completes an Asset Purchase Agreement of Cartomanabí in Ecuador, South America - Papermart
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Smurfit Westrock Completes an Asset Purchase Agreement of Cartomanabí in Ecuador, South America

Smurfit Westrock  has completed an asset purchase agreement of Cartomanabí, one of the main corrugated packaging companies in Ecuador. With this transaction, Smurfit Westrock will strengthen its presence in Ecuador and across the region.

Mar 03, 2026

Smurfit Westrock, the world’s largest integrated paper-based packaging company, has completed an asset purchase agreement of Cartomanabí, one of the main corrugated packaging companies in Ecuador.

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This acquisition represents a further strategic step in the company’s growth plan in the region, reinforcing its position as the one of top corrugated suppliers in Latin America and North America. 

Cartomanabí was founded in 2020, is located in Montecristi, Ecuador, and has an annual production capacity of more than 50,000 tonnes. The acquisition enables Smurfit Westrock to capitalize on corrugated packaging growth opportunities in both Ecuador and the broader Latin American region.

Mr. Alvaro Henao, President and CEO, Smurfit Westrock Latin America, said, “The transaction in Ecuador is our first as Smurfit Westrock, and 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, we look forward to working together with customers in this country and sharing our knowledge, expertise and value-driven innovation.”


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With this transaction, Smurfit Westrock further strengthens its growth in Ecuador and across the region.