WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million. Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year. Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 […]
Tag Archives: Smurfit Kappa Group
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Smurfit Kappa and Westrock merger deal would create the largest containerboard producer in the world
16
Sep
Sep
Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal. The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large […]
08
Sep
Sep
Smurfit Kappa Group confirms that the boards of directors of Smurfit Kappa and WestRock Company are discussing the key terms of a potential combination to create Smurfit WestRock, a global leader in sustainable packaging. The potential combination would be expected to involve the creation of a new holding company, Smurfit WestRock. Smurfit WestRock would be incorporated and domiciled in Ireland with global […]
Smurfit Kappa UK Limited, a subsidiary of Smurfit Kappa Group, has announced the acquisition of Atlas Packaging, an independent corrugated packaging provider based in Barnstaple, North Devon, England. Terms of the deal were not disclosed. Smurfit Kappa said Atlas Packaging is well invested with a strong market presence in the UK which allows them to […]