Smurfit Kappa, a global leader in sustainable packaging solutions, has announced the acquisition of Artemis Ltd., a Bag-in-Box packaging plant located in Shumen, Bulgaria.

Expanding Presence in Eastern Europe

Artemis specializes in food and beverage packaging, producing bags for Bag-in-Box products, as well as films and caps for wine. This acquisition will integrate Artemis into Smurfit Kappa’s extensive network of Bag-in-Box operations across Europe. The move aims to strengthen Smurfit Kappa's presence and customer base in Eastern Europe, while enhancing its product portfolio and innovation capabilities within the Bag-in-Box sector.

Strategic Growth and Innovation

Massimiliano Bianchi, CEO of Smurfit Kappa Bag-in-Box, stated, "We strategically acquired Artemis to accelerate our growth in the European market and extend our reach in the eastern region. By continuing to develop and invest in this plant, we can provide our customers with superior product quality, exceptional service, and the extensive global expertise of Smurfit Kappa."

Leading the Bag-in-Box Market

Smurfit Kappa Bag-in-Box is the European leader in Bag-in-Box® solutions, with its Vitop® tap being the top choice worldwide for wine taps. The company offers a comprehensive range of flexible packaging solutions for liquid and semi-liquid products, including wine, dairy, juice, water, oils, and other non-food items. With over 40 years of industry experience, Smurfit Kappa Bag-in-Box operates on a global scale, delivering innovative packaging solutions.

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