Smurfit Kappa and WestRock Combine to Form Smurfit Westrock plc

Smurfit Westrock to Acquire CMPC’s Chilean Containerboard and Corrugated Business

September 23, 2026

Packaging

Smurfit Westrock plc has agreed to acquire Empresas CMPC S.A.’s Chilean containerboard and corrugated business for $420 million. The deal is expected to close in the first half of 2027, subject to customary regulatory and closing conditions.

International Paper to Acquire DS Smith in All-Share Combination

April 16, 2024

Packaging

International Paper (IP) and DS Smith announced an all-share recommended combination in which IP will acquire DS Smith, valuing DS Smith at 415 pence per share and implying a transaction value of approximately $9.9 billion. The combination is expected to close by the fourth quarter of 2024, subject to shareholder approvals and customary regulatory and closing conditions.

PaperWorks Acquires The Standard Group

June 23, 2023

Packaging

PaperWorks Industries Inc. has completed the acquisition of The Standard Group, a custom printed paperboard packaging converter with a manufacturing facility in Louisville, Kentucky. The deal adds ~120 employees and expands PaperWorks' integrated folding carton footprint and vertical integration across North America; PaperWorks is PE-backed (Gamut Capital Management).

Mill Rock Packaging Acquires Keystone Paper & Box Company

February 13, 2023

Packaging

Mill Rock Packaging Partners LLC, a specialty packaging platform backed by Mill Rock Capital, has acquired Keystone Paper & Box Company, a custom folding carton manufacturer based in South Windsor, Connecticut. Keystone's management has made a significant investment in the platform and will remain in place; the deal expands Mill Rock Packaging's footprint to the Eastern U.S. and builds the platform's national specialty packaging capabilities. Terms were not disclosed.

Swire Shipping Acquires Westwood Shipping Lines

June 30, 2022

Transportation

Swire Shipping signed a definitive agreement to acquire Westwood Shipping Lines, an independent vessel operator serving the Pacific Northwest–Northeast Asia (Japan, Korea, China) trade. The acquisition was later finalized after regulatory approvals and satisfaction of customary closing conditions.

Westrock Coffee Company Completes Business Combination with Riverview Acquisition Corp

April 3, 2022

Consumer Products

Westrock Coffee Company (formerly Westrock Coffee Holdings) completed its business combination with Riverview Acquisition Corp., forming the publicly traded Westrock Coffee Company on Nasdaq under the ticker symbol “WEST.” The transaction included new $300 million debt financing and raised approximately $300 million of equity via PIPE commitments to support organic and strategic growth.