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Smurfit Kappa and WestRock will join to create a global packaging company with a value of almost $20 billion. Smurfit Kappa has a stronghold in Europe with its corrugated and containerboard products.
It merged with Kappa Packaging in 2005, changing its name to Smurfit Kappa, [8] and was the subject of an initial public offering in 2007. [ 9 ] In 2012 it bought Orange County Container, a US-based packaging company, for $340 million. [ 10 ]
WestRock was an American corrugated packaging company and in 2024 merged with Smurfit Kappa to become Smurfit Westrock. It was formed in July 2015 after the merger of MeadWestvaco and RockTenn. [2] WestRock was the 2nd largest American packaging company.
In 2007, Smurfit-Stone was ranked 13 in PricewaterhouseCoopers' "Top 100" forest, paper, and packaging companies in the world as ranked by sales revenue. [2] The company was also among the world's largest paper recyclers. Rock-Tenn bought the company in a $3.5 billion deal that closed in May 2011. [3] Rock-Tenn is now known as Smurfit WestRock.
Westrock Coffee CEO Scott Ford joins Yahoo Finance Live to discuss why the company sought a SPAC deal, international brand growth, and recent coffee crop harvests.
Productivity and performance improvement programs along with cost-saving actions remain tailwinds for WestRock (WRK). WestRock Rides on Demand, Higher Maintenance Downtime to Hurt Skip to main content
Anthony Paul James Smurfit (born 1963) is an English born Irish businessman. He serves as the President and CEO of FTSE 100 packaging company Smurfit Westrock , which is named after his grandfather, John Jefferson Smurfit.
The Arkansas-based company plans to combine with Riverview Acquisition Corp. The special purpose acquisition company (SPAC) raised $250 million in an initial public offering in August last year to ...