# WestRock to acquire Plymouth Packaging assets including Box on Demand systems

WestRock has entered into agreements to acquire substantially all assets of Plymouth Packaging, a corrugated packaging company, including its Box on Demand systems and its equity interest in Panotec. The announcement was made on December 19, 2017.

- Type: Acquisition
- Announced: 2017-12-19
- Where: Battle Creek, Michigan; Fort Worth, Texas; Mechanicsburg, Pennsylvania, United States
- Value: $4.90B
- Status: announced
- Capacity: approximately 60,000 tons of containerboard used annually
- Products: corrugated packaging, Box on Demand systems, fanfold corrugated
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [WestRock](https://endata.com/companies/791.md) (acquirer)
- [P&M Corporate Finance](https://endata.com/companies/824.md) (partner)
- [KapStone Paper and Packaging](https://endata.com/companies/855.md) (target)
- [Plymouth Packaging](https://endata.com/companies/2318.md) (target)
- [Panotec](https://endata.com/companies/2319.md) (partner)

## Sources

- [piworld.com](https://www.piworld.com/article/westrock-announces-agreements-acquire-plymouth-packaging/), 2017-12-19: "WestRock Co. has announced that it has entered into agreements to acquire substantially all of the assets of Plymouth Packaging, a corrugated packaging company"
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/01/08/1284862/0/en/WestRock-Completes-Acquisition-of-Plymouth-Packaging.html), 2018-01-08: "WestRock Company (NYSE:WRK) today announced that it has completed its previously announced acquisition of substantially all of the assets of Plymouth Packaging, Inc."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/westrock-acquires-corrugated-packaging-company-plymouth-packaging/), 2018-01-10: "WestRock has completed the acquisition of Plymouth Packaging for an undisclosed amount."
- [healthcarepackaging.com](https://www.healthcarepackaging.com/home/press-release/13294296/westrock-completes-acquisition-of-plymouth-packaging), 2018-01-17: "WestRock Company (NYSE:WRK) today announced that it has completed its previously announced acquisition of substantially all of the assets of Plymouth Packaging, Inc."
- [prnewswire.com](https://www.prnewswire.com/news-releases/pmcf-announces-sale-of-plymouth-packaging-to-westrock-company-nyse-wrk-300588610.html), 2018-01-25: "Plymouth is an innovator in the corrugated packaging industry and pioneered an on-demand packaging system."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1325281/000110465918004728/a18-3918_4425.htm), 2018-01-29: "We have entered into a definitive agreement for KapStone to be acquired by WestRock."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/01/29/1313438/0/en/westrock-signs-definitive-agreement-to-acquire-kapstone-for-35-per-share.html), 2018-01-29: "WestRock will acquire all of the outstanding shares of KapStone for $35.00 per share and will assume approximately $1.36 billion in net debt, for a total enterprise value of approximately $4.9 billion."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-leonard-green-partners-duravant-llc-westrock/), 2018-02-02: "American corrugated packaging company WestRock has announced plans to acquire KapStone Paper and Packaging Corp for $4.9bn."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.