Is KapStone part of WestRock?
WestRock Company (NYSE:WRK), a leading provider of differentiated paper and packaging solutions, announced today that it has completed the acquisition of KapStone Paper and Packaging Corporation (NYSE:KS).
What kind of company is WestRock?
Company Description: Westrock Company of Canada Corp is located in Calgary, AB, Canada and is part of the Converted Paper Product Manufacturing Industry.
Who owns RockTenn?
WestRock company
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 and recycling solutions, with annualized net sales of approximately $10 billion.
Who owns westrock paper?
WestRock is an American corrugated packaging company. It was formed in July 2015 after the merger of MeadWestvaco and RockTenn. WestRock is the 2nd largest American packaging company….WestRock.
| Type | Public |
|---|---|
| Key people | David B. Sewell (CEO) |
| Revenue | US$14.86 billion (2017) |
| Number of employees | 51,100 (2020) |
| Website | westrock.com |
Who owns WestRock paper mill?
Silgan Holdings
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.
What happened to MeadWestvaco?
MeadWestvaco is no more. Richmond-based MeadWestvaco Corp. and Georgia-based Rock-Tenn Co. officially closed their merger Wednesday morning, creating WestRock Co.
Is WestRock a corporation?
WestRock is the 2nd largest American packaging company. It is one of the world’s largest paper and packaging companies with US$15 billion in annual revenue and 42,000 employees in 30 countries….WestRock.
| Type | Public |
|---|---|
| Traded as | NYSE: WRK S&P 500 component |
| Industry | Corrugated packaging |
| Founded | 2015 |
What does Kapstone Paper and packaging company do?
The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products. It also offers specialty paper products, including kraft paper.
When was Victory Packaging acquired by Kapstone company?
Two years later, on June 1, 2015, it acquired Victory Packaging, headquartered in Houston, Texas. On November 2, 2018, KapStone itself was acquired by rival pulp and paper company, WestRock Company.
When did Kapstone acquisition Longview Fibre Packaging?
KapStone acquired Longview Fibre Paper and Packaging from Brookfield Asset Management on July 18, 2013 . Two years later, on June 1, 2015, it acquired Victory Packaging, headquartered in Houston, Texas.
When is Kapstone going to be acquired by WestRock?
History. On January 29, 2018 KapStone announced that it had agreed to be acquired by rival pulp and paper company WestRock. The deal is expected to close by the end of the third quarter of 2018.