# WestRock agrees to buy KapStone Paper and Packaging for about $4.9 billion

WestRock agreed to acquire KapStone Paper and Packaging Corp. for about $3.5 billion, or about $4.9 billion including KapStone's net debt of about $1.36 billion. The deal is expected to close in the quarter ending September 30 and generate about $200 million in savings by fiscal 2021.

- Type: Acquisition
- Announced: 2018-02-05
- Where: Norcross, Georgia, United States
- Value: $4.90B
- Status: announced
- Products: containerboard, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [WestRock](https://endata.com/companies/791.md) (acquirer)
- [KapStone Paper and Packaging](https://endata.com/companies/855.md) (target)

## Sources

- [online.flippingbook.com](https://online.flippingbook.com/view/312536), 2018-02-05: "WestRock Co., Norcross, Georgia, has agreed to buy Kap- Stone Paper and Packaging Corp., Northbrook, Illinois, for about $3.5 billion."

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