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WestRock completed its acquisition of US-based Multi Packaging Solutions International (MPS) for $2.28bn, after receiving all regulatory approvals. WestRock paid $18 per share in cash and assumed about $873m in net debt.
The European Commission received notice on 7 April 2017 that WestRock will acquire sole control of Multi Packaging Solutions International through a share purchase. The commission is reviewing the deal as case M.8421.
Multi Packaging Solutions became the first pilot user of Heidelberger Druckmaschinen's Primefire 106, described as the first industrial digital printing system in B1 format, which is powered by Fujifilm inkjet technology.
US packaging company WestRock will buy Multi Packaging Solutions International for about $1.39 billion to expand its spirits, confectionery and cosmetics packaging portfolio. The report was published on January 24, 2017.
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.
