How it started
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, the 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.
From Wikipedia’s article on WRKCo, Inc., shared under CC BY-SA 4.0.2