# WestRock to acquire Multi Packaging Solutions for $2.28 billion enterprise value

WestRock agreed to acquire all outstanding shares of Multi Packaging Solutions (MPS) for $18.00 per share in cash plus about $873 million of net debt, a total enterprise value of $2.28 billion. The deal was announced on January 24, 2017.

- Type: Acquisition
- Announced: 2017-01-23
- Where: New York, NY, United States
- Value: $2.28B
- Status: announced
- Products: premium folding cartons, inserts, labels, rigid packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [WestRock](https://endata.com/companies/791.md) (acquirer)
- [Multi Packaging Solutions](https://endata.com/companies/803.md) (target)
- [Multi Packaging Solutions International](https://endata.com/companies/811.md) (target)

## Sources

- [newyork.citybuzz.co](https://newyork.citybuzz.co/article/398487/westrock-to-acquire-multi-packaging-solutions), 2017-01-24: "announced today that a definitive agreement has been reached for WestRock to acquire all of the outstanding shares of MPS for $18.00 per share in cash"
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1636023/000117184317000398/exh_991.htm), 2017-01-24: "WestRock to acquire all of the outstanding shares of MPS for $18.00 per share in cash and the assumption of an estimated $873 million in net debt."
- [reuters.com](https://www.reuters.com/article/business/westrock-to-acquire-multi-packaging-solutions-for-total-enterprise-value-of-22-idUSASB0AWCV/), 2017-01-24: "definitive agreement has been reached for WestRock to acquire multi packaging solutions for $18.00 per share"
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1645926/000119312517016840/d332248d8k.htm), 2017-01-24: "Upon the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will be merged with and into the Company"
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-this-week-westrock-berry-plastics-group-5725291/), 2017-01-26: "US-based WestRock has signed a definitive agreement to acquire Multi Packaging Solutions International (MPS), a print-based specialty packaging solutions provider with a presence in 59 locations across North America, Europe and Asia."
- [printbusiness.co.uk](https://printbusiness.co.uk/board-company-buys-multi-packaging-solutions-in-2-billion-deal/), 2017-01-29: "WestRock is paying $18 a share for MPS and will assume $837 million of accumulated debt, creating a total payment of $2.28 billion."
- [ecma.org](https://ecma.org/news/definitive-agreement-reached-for-westrock-to-acquire-multi-packaging-solutions-for-$18.00-per-share.html), 2017-02-08: "WestRock Company and Multi Packaging Solutions International Limited announced today that a definitive agreement has been reached for WestRock to acquire all of the outstanding shares of MPS for $18.00 per share in cash."

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