Industry News, Mergers and Acquisitions, Printers News

COFECE Authorizes Strategic Alliance between Grupo Gondi, WestRock in Mexico

Will create the leading packaging company in the country.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Grupo Gondi and WestRock have been authorized by COFECE to implement the agreement which will allow them to combine their operations in Mexico to form a strategic alliance, creating the leading packaging company in the country. The parties expect to close the transaction in early April. After the closing, Grupo Gondi will have 13 plants, including three WestRock corrugated packaging facilities in Mexico. WestRock, is a leader in the paper and packaging industry, and will contribute three p...

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