The pending combination of Smurfit Kappa and WestRock is expected to make the world’s largest publicly traded packaging company. Follow Packaging Dive’s ongoing coverage.
Smurfit Kappa’s acquisition of WestRock, which closed on July 5 2024, is a major development for the packaging industry. The resulting company, Smurfit WestRock, became a leading producer of containerboard and paper products across five continents.
Packaging Dive covered the process and provided analysis on the deal’s broader implications. Do you have tips or feedback? Get in touch via [email protected].
“Smurfit Westrock is going to conquer the world of sustainable, paper-based packaging,” said CEO Tony Smurfit before ringing the NYSE’s opening bell. Read the full article ➔
Recently released documents reveal when executives expect the deal to close and just how long the transaction has been in the works. Read the full article ➔
2024 demand and volumes have shown improvement following challenges to both in 2023, executives said on Wednesday’s earnings call. The WestRock acquisition also is progressing smoothly, they said. Read the full article ➔
WestRock shared the update on the pending transaction in its fiscal Q1 financial release. During the quarter, paperboard market demand decreased, but external containerboard shipments grew, the company said. Read the full article ➔
CEOs Tony Smurfit and David Sewell outlined their vision for a leading global packaging company and discussed the outlook for possible divestitures on Tuesday. Read the full article ➔
The geographical diversity in the two companies’ assets could reduce competition concerns in what could become the largest containerboard company in the world. Read the full article ➔
If finalized, Smurfit WestRock would bring together American and European paper packaging giants whose combined annual revenue this past year would have totaled approximately $34 billion, the companies said. Read the full article ➔
