Smurfit WestRock plc
Smurfit Westrock Completes Acquisition of Smurfit Kappa and Merger with WestRock
Summary
On September 24, 2024, Smurfit Westrock plc announced the completion of its business combination with Smurfit Kappa Group plc and WestRock Company, pursuant to a transaction agreement entered on September 12, 2023. Smurfit Westrock acquired Smurfit Kappa and merged with WestRock, resulting in both companies becoming wholly-owned subsidiaries of Smurfit Westrock. The combined entity will report under three new operating segments: Smurfit Westrock Europe, MEA and APAC, Smurfit Westrock North America, and Smurfit Westrock Latin America, effective from the third quarter of fiscal 2024. The exhibit 99.1 furnishes supplemental unaudited historical segment financial information to reflect this new structure.
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Exhibits (1)
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About Smurfit WestRock plc
Smurfit WestRock plc is a leading global provider of paper-based packaging solutions, formed through the merger of Smurfit Kappa and WestRock Company, two of the preeminent players in the packaging industry. This company specializes in manufacturing corrugated packaging products which are essential for sustainably packaging goods across diverse sectors such as e-commerce, retail, and fast-moving consumer goods. Known for its commitment to sustainable practices, Smurfit WestRock plc integrates circular economy principles by utilizing recycled materials and innovating eco-friendly packaging solutions. The company's operations extend internationally, significantly contributing to the supply chains of various industries by ensuring goods are transported safely and efficiently. As the demand for sustainable and efficient packaging solutions continues to grow, Smurfit WestRock plays a pivotal role in the packaging industry, aligning with global sustainability trends and customer demand for environmentally conscious products. Its comprehensive range of packaging offerings positions the company as a vital component in the market, supporting businesses in reducing their carbon footprint while maintaining product integrity.
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