WestRock is an American corrugated packaging company. It was formed in July 2015 after the merger of MeadWestvaco and

RockTenn RockTenn was an American paper and packaging manufacturer based in Norcross, Georgia. In 2015, it merged with MeadWestvaco to form the WestRock company. It was one of North America's leading producers of corrugated and consumer packaging a ...

. WestRock is the 2nd largest American packaging company. It is one of the world's largest paper and packaging companies with 15 billion in annual revenue and 42,000 employees in 30 countries. The company is headquartered in Sandy Springs, Georgia, consolidating offices from Norcross, Georgia and

Richmond Richmond most often refers to: * Richmond, Virginia, the capital of Virginia, United States * Richmond, London, a part of London * Richmond, North Yorkshire, a town in England * Richmond, British Columbia, a city in Canada * Richmond, California, ...

, Virginia.

History and acquisitions

Westrock was formed in May 2015 after the merger of MeadWestvaco and Rock Tenn. MeadWestvaco stockholders received 0.78 shares of the combined company. Rock-Tenn stockholders chose either one share of the combined company or a specific cash amount for each of their shares. In October 2015, WestRock purchased SP Fiber Holdings, Inc. The company manufactures recycled container board as well as kraft and bag paper. In January 2016, the company acquired Cenveo Packaging for $105 million which manufactures folded cartons and litho-laminated display packaging like MiraFoil, coil foil, and low migration ink systems. The sale included facilities located in the United States, Canada, and Dominican Republic. In March 2017 WestRock purchased Star Pizza box, largest US manufacturer and distributor of pizza boxes. In April 2017, WestRock completed the sale of its dispensing systems operations for $1.025 billion to Silgan Holdings. In June 2017, the company acquired Multi Packaging Solutions International (MPS) for an enterprise value of $2.28 billion. MPS has 59 locations across North America, Europe, and Asia and will enhance Westrock's print, graphics, and design capabilities for more penetration in spirits, confectionery, beauty and cosmetics packaging. In January 2018, the company acquired Plymouth Packaging, Inc. Later that month, WestRock announced that it would acquire rival pulp and paper company

Kapstone KapStone Paper & Packaging (formerly Stone Arcade Acquisition Corporation) is an American pulp and paper company based in Northbrook, Illinois. It was founded in 2005 as Stone. Since November 2018 it has been a subsidiary of WestRock Company. ...

. The deal is expected to close by the end of the third quarter of 2018. The company ranked 194th on the 2018

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...

of the largest United States corporations by revenue.

References

External links

Official website
{{Authority control Pulp and paper companies of the United States Companies based in Richmond, Virginia Companies listed on the New York Stock Exchange American companies established in 2015 Manufacturing companies established in 2015 2015 establishments in Virginia Packaging companies of the United States Manufacturing companies based in Georgia (U.S. state)