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- It also offers inserts and labels, as well as rigid packaging and other printed packaging products, such as transaction cards, brochures, product literature, marketing materials, and grower tags, and plant stakes; and paperboard packaging for over-the-counter and prescription drugs.
- The Consumer Packaging segment manufactures and sells folding cartons that are used to package food, paper, beverages, dairy products, confectionery, health and beauty, and other household consumer products, as well as express mail packages for the overnight courier industry.
- These are often companies that have high free cash flows and reward shareholders with a high…
The Consumer Packaging segment manufactures and sells folding cartons that are used to package food, paper, beverages, dairy products, confectionery, health and beauty, and other household consumer products, as well as express mail packages for the overnight courier industry. The Company offers merchandising displays, paperboard, folding cartons, kraft papers, protective packaging, and pulp. The Distribution segment distributes corrugated packaging materials and other specialty packaging products, including stretch films, void fills, carton sealing tapes, and other specialty tapes; and provides contract packing services. It also offers inserts and labels, as well as rigid packaging and other printed packaging products, such as transaction cards, brochures, product literature, marketing materials, and grower tags, and plant stakes; and paperboard packaging for over-the-counter and prescription drugs. WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. Packaging company WestRock’s (WRK) shares soared by almost 7% in pre-market trading on Tuesday after a merger announcement with Dublin-based Smurfit Kappa to create the world’s largest listed paper an…
WestRock stock rallies on $11B merger deal with Smurfit Kappa
It manufactures and distributes containerboard and paperboard products such as folding cartons, bleached paperboard, coated recycled paperboard, retail displays, and pulp products. WestRock also provides kraft paper and pulp, recycled linerboard, coated white top linerboard legacy fx review and corrugated containers. The company’s products find their applications in various industries such as beauty and personal care, beverage, commercial print, E-commerce, food, healthcare, home & garden, luxury packaging, media and electronics, retail and tobacco.
Stock Details
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Paper Companies Near Big Merger Deal
The company’s operations are spread across North America, South America, Europe, Middle east, Africa, and Asia-Pacific. The Global Paper segment manufactures containerboard, paperboard, and specialty grades primarily to corrugated packaging, folding carton, food service, liquid packaging, tobacco, and commercial print markets. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacturers.
The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world. WestRock, Smurfit Kappa are in talks to create a company with combined value of roughly $20 billion. Tony Smurfit, CEO of packaging giant Smurfit Kappa, discusses the company’s announcement that they will merge with U.S. peer Westrock. According to 9 analysts, the average rating for WRK stock is “Buy.” The 12-month stock price forecast is $40.86, which is a decrease of -16.63% from the latest price.
