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 consumer packaging business. The combined companies would be the largest containerboard and boxmaking company in the world.
If the deal is finalized, the new combined company is to be called Smurfit WestRock.
“(This) combination has a lot of merit,” said Smurfit from Ireland on Sept. 12.
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