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WestRock to acquire five corrugated facilities from U.S. Corrugated for about $192M
WestRock agreed to acquire five corrugated converting facilities in Ohio, Pennsylvania and Louisiana from U.S. Corrugated Holdings for about $192 million in cash and stock. The deal is expected to close in June 2017.
Capacity
approximately 105,000 tons of containerboard converted annually plus 50,000 tons under contract
Productscorrugated packagingcontainerboarddisplays
“WestRock will pay a total consideration of approximately $192 million, representing an EBITDA multiple of 5 times on a post-synergy basis.”globenewswire.com
- 6 sources
- globenewswire.comWestRock to Acquire Five Facilities from U.S. CorrugatedMay 24, 2017
- richmond.comWestRock acquiring five corrugated container plants from U.S. CorrugatedMay 24, 2017
- einpresswire.comWestRock Completes Acquisition of Five Facilities from U.S. Corrugated Holdings, Inc.Jun 9, 2017
- packaging-gateway.comWestRock buys five facilities from US Corrugated for $192m -Jun 12, 2017
- packaging-gateway.comWestRock to acquire assets from two corrugated box producers -Jun 25, 2017
Summarized from public sources; check the original articles before acting on it.
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