Dublin-based Smurfit Kappa Group and US packaging company Westrock will merge to create Smurfit Westrock, a global packaging giant, with “unparalleled scale, quality and geographic diversity.” Transaction to be completed in Q2 2024.
Dublin-based Smurfit Kappa Group and US packaging company Westrock will merge to create Smurfit Westrock, a global packaging giant with approximately 100,000 employees and more than 60 mills and 500 converting facilities across all continents. Following the announcement of a possible combination dated 7 September 2023 Smurfit Kappa and Westrock have signed a definitive transaction agreement to create Smurfit Westrock. The combination, which is subject to shareholder approvals, regulatory approvals and other customary closing conditions, was expected to close in the second quarter of 2024, the companies announced in a press release on 12 September....
