Atlanta-based packaging giant WestRock nears $20B merger
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Atlanta-based WestRock, a Fortune 500 packaging company, is nearing a $20B merger with Dublin-based Smurfit Kappa.
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The potential merger would create a new $20B company called Smurfit WestRock with global HQ in Dublin and operational HQ remaining in Atlanta.
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The combined company would have operations in 42 countries with around 100,000 employees.
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Both WestRock and Smurfit Kappa have grown via recent acquisitions and mergers.
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The merger aims to expand the companies' reach in Europe, the Americas amid declining packaging demand post-pandemic.
