Smurfit Kappa to merge with WestRock in an $11.2bn deal.

Smurfit Kappa, a Europe corrugated packaging company, agreed to merge with WestRock, an American corrugated packaging company, in an $11.2bn deal. “This incredibly exciting coming together of our two great companies is a defining moment within the global packaging industry. Smurfit WestRock will be the ‘Go-To’ packaging partner of choice for customers, employees and shareholders. We will have the leading assets, a unique global footprint in both paper and corrugated, a superb consumer and specialty packaging business, significant synergies, and enhanced scale to deliver value in the short, medium and long term,” Tony Smurfit, Smurfit Kappa CEO.