Observations

Smurfit Kappa Merges with WestRock to Form Global Packaging Leader

Smurfit Kappa Merges with WestRock to Form Global Packaging Leader
Sep/07/2023

Ireland's Smurfit Kappa and U.S. competitor WestRock have finalized their merger, creating one of the world's leading paper and packaging companies named Smurfit WestRock. Valued at around $20 billion, the new Dublin-headquartered entity will have combined annual sales of $34 billion as of June, making it the world's largest publicly traded packaging producer. According to the companies, the merged business aims to become a frontrunner in the sustainable packaging industry. The column chart below shows the relative proportion of US trademarks in class 16 to the overall class distribution from 2019 to 2023.