Smurfit Kappa Pays $340M For Calif. Container Producer

Law360, New York (September 24, 2012, 3:43 PM EDT) -- Irish container maker Smurfit Kappa Group PLC will plunk down $340 million for Orange County Container Group, it said Monday, feeding existing operations in Mexico to give the company a commanding share of the country's market.

OCC has operations in the southern U.S. as well, but the bulk of its 2,800-strong workforce and a hefty slice of its business is rooted in Mexico — considered a fast-emerging economic leader in Latin America. The country has drawn a range of investments recently as it sees a broad...
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