WestRock to sell RTS Packaging stake to Sonoco for $330M and URB mills to Ox Industries

WestRock agreed to divest its ownership interest in RTS Packaging to joint venture partner Sonoco for $330 million, and to sell its Eaton, Indiana and Aurora, Illinois uncoated recycled paperboard mills to Ox Industries for $50 million. Closing is expected in the first half of 2023.

“WestRock has entered into a definitive agreement to wholly divest its ownership interest in RTS Packaging, to joint venture partner Sonoco Products Company for $330 million, subject to customary price adjustments.”papnews.com

• 1 source
• papnews.comWestRock to sell ownership interest in RTS Packaging, LLC to Sonoco; agrees to sell URB Mills in Illinois and Indiana to Ox Industries - PapnewsNov 10, 2022

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