Packagingworld trade 2024+3.9% 5Y CAGR
Jul 27, 2022ACQUISITIONMexico, Mexico WestRock to acquire remaining 67.7% of Grupo Gondi for $970M
WestRock agreed to acquire the remaining 67.7% interest in Mexican packaging producer Grupo Gondi for $970 million plus assumed debt, an implied enterprise value of $1.763 billion. The deal expands WestRock's Latin American packaging operations.
Capacity
108,000 tonnes of corrugated packaging per year
Productscontainerboardpaperboardcorrugated packagingconsumer packaging
“WestRock currently owns 32.3% of Grupo Gondi, and this transaction will secure the remaining 67.7%.”paperage.com
- 7 sources
- paperage.comWestRock to Acquire Remaining Interest in Grupo Gondi for $970 MillionJul 27, 2022
- businesswire.comWestRock to Acquire Remaining Interest in Grupo GondiJul 27, 2022
- citybiz.coWestRock to Acquire Remaining Interest in Grupo Gondi | citybizJul 27, 2022
- packaging-gateway.comWestRock agrees to purchase remaining interest in Grupo GondiJul 28, 2022
- corruga.expertWestRock compra la empresa mexicana Grupo Gondi - corruga.expertAug 2, 2022
- globalpapermoney.comWestRock to Acquire Remaining Interest in Grupo Gondi - Global Paper Money
Summarized from public sources; check the original articles before acting on it.