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New Deal


Announced

Completed

WestRock completed the acquisition of the remaining 67.7% stake in Grupo Gondi for $970m.

Financials

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Transaction Value£805m
Consideration TypeCash
Capital Owned32%
Capital Bid For68%
EV/Sales-
EV/EBITDA8.81x
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Single Bidder

recycled paper

Majority

Mexico

Acquisition

Containers and Packaging

Friendly

Completed

Synopsis

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WestRock, a corrugated packaging company, completed the acquisition of the remaining 67.7% stake in Grupo Gondi, a manufacturer of recycled paper and cardboard packaging, for $970m. “We are pleased to welcome the Grupo Gondi team to WestRock. “The addition of Grupo Gondi’s operations in Mexico enables us to better serve the Latin American market with our broad portfolio of paper and packaging solutions. The capability and expertise that this team brings to WestRock will help us continue to provide complete packaging solutions for our customers.” David B. Sewell, WestRock CEO.

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