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Smurfit Kappa agrees $20bn merger deal with US company

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The Dublin-headquartered paper and packaging giant confirmed it will depart the Dublin stock exchange as part of the merger with WestRock

Smurfit Kappa, the Irish paper and packaging giant, has agreed a deal to merge with WestRock, the US paper company, in move that will see the Dublin-headquartered company depart the Irish stock exchange.

On Tuesday morning, Smurfit Kappa announced that it had reached a deal with WestRock that will see both companies combine to create a new company called Smurfit WestRock, which will have combined sales of around $34 billion and annual profits in the ...

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