WestRock to Acquire Remaining Interest in Grupo Gondi
July 27, 2022
WestRock Company has entered into an agreement to acquire the remaining 67.7% interest in Grupo Gondi for $970 million, plus assumed debt, valuing the implied enterprise value at about $1.763 billion. The deal is subject to regulatory approvals in Mexico and is expected to close by the end of calendar year 2022, after which WestRock will consolidate Grupo Gondi’s financial results.
- Buyers
- WestRock Company
- Targets
- Grupo Gondi
- Industry
- Packaging
- Location
- Mexico
- Transaction Type
- Buyout
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