John Yolton’s Post

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Principal at FOG Group

In case you missed it. "Smurfit Kappa announced that the "scheme of arrangement" in connection with the combination of Smurfit Kappa and WestRock became effective Friday, July 5 at 5:00 p.m. (New York City time). The combination of the two companies has created Smurfit Westrock, a global leader in sustainable paper and packaging operating in 40 countries with over 500 packaging converting operations and 63 paper mills.The deal, which was officially announced on September 12, 2023, called for Smurfit Kappa (Ireland) to buy WestRock (USA) for about $11.2 billion and combine the two companies. At the time of that announcement, the companies' combined last twelve months' (as of June 30, 2023) adjusted revenue and adjusted EBITDA was approximately $34 billion and $5.5 billion, respectively."

Smurfit Kappa and WestRock are Now Officially Smurfit WestRock

Smurfit Kappa and WestRock are Now Officially Smurfit WestRock

paperage.com

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