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Transaction will create a global leader in sustainable packaging, with combined revenue of $34B and adjusted EBITDA of $5.5B in last 12 months.
September 12, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Following the announcement of a possible combination dated Sept. 7, 2023, the boards of Smurfit Kappa, a FTSE 100 company, and WestRock, an S&P 500 company, announced the signing of a definitive transaction agreement to create Smurfit WestRock, a global leader in sustainable packaging. The boards of Smurfit Kappa and WestRock see compelling strategic, commercial and financial rationale for combining Smurfit Kappa and WestRock’s highly complementary paper-based packaging companies to creat...
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