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

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.