Smurfit WestRock debuts on NYSE and LSE following merger

Smurfit WestRock debuts on NYSE and LSE following merger

Business

The merger between Smurfit Kappa and WestRock has been completed, creating one of the world's largest packaging companies, now known as Smurfit WestRock.

Following the official merger announcement in September, the new entity, Smurfit WestRock, will have its global headquarters in Dublin, Ireland, with its North and South American operations based in Atlanta, Georgia.

Shareholders of Smurfit Kappa will own 50.4% of the newly formed company. Smurfit Kappa's stocks had their last trading day on Euronext Dublin and the London Stock Exchange in early July. The merger was valued at approximately $12.7 billion as of late April.

New York Stock Exchange © Smurfit WestRock
Tony Smurfit, Smurfit Westrock Chief Executive Officer, said: Combining Smurfit Kappa and WestRock creates a world-leading sustainable packaging player, bringing together a tremendous depth of experience and expertise from both companies. We believe that this combination has created the ‘go-to’ leader and partner of choice in sustainable packaging. I’m proud to be chosen to lead this great team of people.

Smurfit WestRock shares began trading on the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE) today (July 8). To mark their first business day as a unified company, Smurfit WestRock executives rang the opening bell at the NYSE on Monday.

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