Industry News, Mergers and Acquisitions, Printers News

WestRock Announced as Name of Combined MWV/RockTenn Company Pending Merger

Merger awaits regulatory, shareholder approvals that are expected in June

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

WestRock Company was announced by MeadWestvaco Corporation (MWV) and Rock-Tenn Company as the name for the new company when the two packaging leaders complete their previously announced combination. WestRock will trade on the New York Stock Exchange under the ticker symbol WRK.
 
“WestRock draws on the strongest elements from each of our legacy names,” said Steve Voorhees, who will be the CEO of WestRock Company. “The name speaks to our determination to build on the long track record of success and growth that has been established by both companies. WestRock’s aspiration is to be the premier partner and unrivaled provider of winning paper and packaging solutions for our customers.”
 
The pending combination between MWV and RockTenn was announced on Jan. 26, 2015. The companies have received antitrust approval in the United States and are awaiting other regulatory and shareholder approvals that are expected in the month of June.

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters