Overall, Mr. Eduardo Posada has over twenty-six years of experience in the paper and packaging industry.
Mr. Posada holds a B.Sc. in Economics with specialty in International Trade and Economic Development from the London School of Economics and Political Science.
After fourteen years working as an entrepreneur in family owned businesses in Colombia he joined Smurfit Latin America in 1991, then moved to Smurfit México where he performed as General Manager, Regional Director of Corrugated Division, Vice President of Treasury & Strategic Planning, and Vice President of Folding Cartons.
In 2004 he joined Gondi Group as Chief Operating Officer, and was appointed as Chief Executive Officer in 2007. Member of Gondi’s Board of Directors.
From that time until now, Gondi has been showing a steady, solid growth; with the acquisition of PCD, Grupo Garze (5 plants), Grupo Peosa (2 Plants) and ALP. The Joint Venture with WestRock has contributed with 3 additional plants, as well. All that, in addition to the construction of new converting and paper plants and strongly investing in state-of-the-art equipment.
One of the new plants will be in Yucatan. This plant will cover the Group’s current and future packaging needs for manufacturing clients, including the new ABI brewery located in Yucatan (Cervecería Yucateca), as well as new markets in Mexico’s southeast region and in Central America. The other one will be in Monterrey to produce corrugated and high graphic packaging. This plant will supply current and future needs for beverage, industrial and produce markets. The third one will be a new lightweight containerboard paper mill, with the capacity to produce over 350,000 metric tons per year of containerboard and will provide reliable, high-quality medium and linerboard for Gondi’s converting operations and third parties.
Therefore, Grupo Gondi has consolidated its position and has become a leading recycled paper and box producer in Mexico.
The Mexican Market - A Success Story of Consolidation
Thursday, 9 November, 2017
The purpose of this session is to offer an updated perspective of the Mexican corrugated packaging market. This sector has been experiencing an increasing M&A activity, capital investments to increase installed capacity, and a growing consumer market.
The packaging industry in Mexico is growing at attractive rates in spite of a general feeling of uncertainty, a 5% growth for 2017 is estimated by the Mexican Packaging Association (AMME). Paper packaging represents 26% of the total packaging in Mexico.
Grupo Gondi’s history has showed how organic growth combined with strategic M&As and cost-take-out strategies can result in a strong positioning on a volatile economy.
Gondi went through an institutionalization of the family-owned business, together with high technological investments and process standardization to sustain a competitive position.
Over the last 10 years, Gondi has focused on customer services, a professional management and lately on the acquisition of packaging companies to diversify its business mix, upgrading productive capacity with state-of-the-art equipment, venture into new markets, and diversify into new markets with main emphasis in high graphic packaging (sexy boxes) to differentiate our customers products on the POP.
All of these achievements provided the basis for our joint venture with WestRock, which is an alliance of values, expertise, know how and strategy to guarantee a continuous growth into the future.
The Group currently has broaden its presence in Mexico with 15 sites strategically located around the nation and more than 7,500 employees.
By the end of this presentation attendees will get a clear idea of the current situation of the paper packaging industry in Mexico, and how a family owned company has transitioned successfully into a position of market leadership.