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."
John Yolton’s Post
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Smurfit Kappa and WestRock merge to form the world’s largest paper and packaging organisation, with significant strategic and operational synergies - Smurfit WestRock 1️⃣ Unparalleled geographic and product diversity to serve customers globally 2️⃣ Robust scale with 500 converting facilities and 67 mills globally 3️⃣ Impregnable reach across 42 countries with significant presence across Europe and Americas 4️⃣ Global leader in sustainable packaging A defining moment for the global packaging industry with formation of an ‘industry giant’ to meet world’s robust demand for paper packaging solutions, rapid innovation and accelerated transition towards sustainable packaging and circular economy #packagingsolutions #betterplanetpackaging #innovation #packaging #corrugation #papermills #paperpackaging #innovativepackaging #mergersandacquisitions #Circulareconomy #sustainability #papermaking #industrialsolutions
Today represents a truly defining moment within the global packaging industry. We are thrilled to announce Smurfit Kappa and WestRock Company agreement to combine, creating Smurfit WestRock, a global leader in sustainable packaging with unparalleled scale, quality, product and geographic diversity. Smurfit WestRock will be the ‘Go-To’ packaging partner of choice for customers, employees and shareholders. This combination represents a unique, point in time opportunity to create value for all our stakeholders. See press release: bit.ly/3Rhy8J6
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and so a new chapter begins
100,000+ employees, 500 converting operations, 63 mills, 40 countries – it all adds up to 1 global packaging leader. Introducing Smurfit Westrock. #SmurfitWestrock
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Definitely one of the key movements of the Paper & Packaging sector this year
Our CFO Ken Bowles joined Guy Johnson and Alix Steel on Bloomberg to discuss Smurfit Kappa and WestRock Company's agreement to combine. Watch the full interview below. #smurfitkappa #bloomberg #bloombergnews #packaging
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Sales Director, Smurfit Westrock Diss - Helping our trade partners create clever, sustainable and efficient packaging solutions
Are you tired of struggling with limited corrugated packaging capacity during peak demand periods? You're not alone. Many businesses have faced this challenge over the last two years, hampering their operations and growth potential. The pain of restricted capacity is a real concern for all of us in the industry. That's why at Smurfit Kappa Diss, we've taken a giant step forward to address this issue head-on. Our recent investment programme brings a world of new opportunities to the table for our clients and their customers. It means we have more capacity, and shorter lead times, and can provide you with even more variety, just in time for the holiday boom. So, if you’re a packaging supplier that needs to expand their capacity, reduce costs, or simply improve corrugate quality… Send me a message. We handle all of our partnerships with the utmost confidentiality. Your customers never need to know you’ve outsourced your product. #Sustainability #Packaging #Innovation
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SMURFIT WESTROCK DEBUT ON NEW YORK & LONDON MARKETS I`m pleased, as always, to provide my insights into the Smurfit WestRock market launch. I have always said this is a good deal, establishing one of the world`s largest packaging companies by revenue. I believe the new company will have a positive year of growth. Wall Street analyst ratings are positive, indicating the shares are a strong buy. The company has global markets and a great geographic spread, which is important in these times of economic uncertainty. There are good opportunities for the new company to enhance the drive towards greater circularity in the international market. Smurfit WestRock has high quality packaging products, a global customer base and strong sustainability credentials. This is an important deal for the future direction of the packaging industry.
Smurfit WestRock debuts on New York and London stock exchanges
packaginginsights.com
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The latest issue of Paper360 is out and we've summarized it for you so you don't have to! Key insights: 1️⃣ Mega-Merger Developments: Smurfit Kappa and WestRock's potential merger could create a global leader in packaging, exceeding International Paper in sales, signifying a major industry consolidation. 2️⃣ Industry Consolidation Trend: The industry is seeing a move towards fewer publicly listed companies, indicating a trend towards larger, privatized entities, reshaping the competitive landscape. 3️⃣ Top Manufacturer Dynamics: Changes in the top 75 pulp and paper manufacturers list reflect the industry's evolving nature, with new entrants and the exit of familiar names like Verso. 4️⃣ Currency Exchange Impacts: The report examines how global currency fluctuations are influencing the industry, affecting companies' operational and financial performance. Thanks to @Paper360 for their comprehensive coverage! With our expertise in pulp and paper, we're not just observing changes; we're driving them! Our approach to custom machinery and robust systems has become a trusted name worldwide. ---------------------- Stay ahead with Globe Machine Manufacturing - where tradition meets innovation: https://lnkd.in/eBq26g4z ---------------------- #PulpandPaper #Paper360 #Tappi #Robotics #IndustrialEquipment #Manufacturing #MechanicalEngineering #ElectricalEngineering #FactoryAutomation #CNCmachining #welding #UWTacoma #ManufacturingPartsandService #PNW
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APAC emerges as a powerhouse for industrial sack production, leveraging high domestic demand and low-cost labor. Key players: Billerud, Berry Global, Inc., Smurfit Kappa, Mondi Group, and WestRock Company Know more https://bit.ly/2CnocXB #industrialsacksmarket #ariztonresearchreveals #marketinsights #marketsize #marketshare #marketresearchreport #researchreport #markettrends #marketplayers #industrialsacksmarketreport
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Discovering upcoming packaging trends always piques my interest. According to a recent article by Packaging Dive, the packaging industry in 2024 is poised for various challenges and changes, including shifts in manufacturing footprints, evolving sustainable packaging solutions, and consumer-driven purchasing habits. I found the discussion on the evolving manufacturing footprints particularly intriguing. Many companies are likely to explore outsourcing production capabilities and talent as an alternative to adding facility space and equipment. At The BoxMaker Trade Services Program, we're uniquely positioned to assist companies in expanding their capabilities and product offerings without the need for additional investment. Reach out to me and my team to explore how we can support your business growth. https://lnkd.in/g_qVjGrV #packagingtrends #2024trends #packagingindustry #manufacturing #outsourcing
5 packaging trends to watch in 2024
packagingdive.com
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𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐨𝐬𝐢𝐭𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 The Composite Packaging Market is experiencing dynamic shifts and promising trends, poised for substantial growth in the coming years. 𝐊𝐞𝐲 𝐭𝐫𝐞𝐧𝐝𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐢𝐧𝐜𝐥𝐮𝐝𝐞: 1️⃣ 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐅𝐨𝐜𝐮𝐬: Increasing emphasis on eco-friendly packaging solutions is propelling the adoption of composite materials, which offer reduced environmental impact compared to traditional alternatives. 2️⃣ 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Innovations in material science and manufacturing techniques are enhancing the performance and versatility of composite packaging, catering to diverse industry needs from food and beverage to electronics and pharmaceuticals. 3️⃣ 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: Stringent regulations and policies promoting sustainable practices are influencing market dynamics, encouraging companies to embrace greener packaging solutions. 4️⃣ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧: Geographically, the market is expanding globally, driven by growing consumer awareness, urbanization, and industrialization in emerging economies. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭:- https://lnkd.in/dd5K72qB 𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:- Amcor, DS Smith, Mondi Group, Smurfit Kappa, Sonoco, Crown Holdings, Inc., Sealed Air Corporation, Universal Packaging Company (Pvt.) Limited and Zipform Packaging. #compositepackaging #packaging #packagingindustry #sunstainable #marketresearch #marketdata #marketanalysis #markettrends
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