INDUSTRY CALENDAR FEBRUARY 23, 2023 Converters Expo South: Charlotte Convention Center, Charlotte, North Carolina. MARCH 1-4, 2023 AICC West Coast Ski Meeting: Snowbird, Utah. APRIL 19-21, 2023 PPC Spring Outlook Conference: Nashville, Tennessee. APRIL 22-26, 2023 TAPPICon 2023: Cobb Galleria Centre, Atlanta, Georgia. APRIL 24-26, 2023 AICC Spring Meeting: Trump National Doral Resort, Miami, Florida. JUNE 18-22, 2023 Fibre Box Association 2023 Annual Meeting, Fairmont Banff Springs, Alberta, Canada. AUGUST 28-30, 2023 TAPPI CorrExpo 2023: Cleveland, Ohio. SEPTEMBER 18-20, 2023 AICC 2023 Annual Meeting: Louisville, Kentucky. OCTOBER 25-27, 2023 PPC Fall Meeting & Leadership Conference: Rancho Bernardo Inn, San Diego, California.
Board Converting News® is published weekly by NV Business Publications, in association with Flexo Market News®, Interna- tional Paper Board Industry®, and Folding Carton Industry®. Editorial and Marketing office: PO Box 802, Manasquan, NJ 08736-0802. Subscription Rates in U.S. and Canada $223 per year or $355 for two years. Overseas rate per year $355 USD. Current issue single copies (pre-paid only) $8.50 in U.S. (else- where $9.50); add $5.00 per order for shipping & handling. No part of this publication may be transmitted or reproduced with- out written permission from the publisher. “We are pleased to welcome the Grupo Gondi team to WestRock,” said David Sewell, the President and CEO of WestRock. “The addition of Grupo Gondi’s operations in Mexico enables us to better serve the Latin American mar- ket with our broad portfolio of paper and packaging solu- tions. The capability and expertise that this team brings to WestRock will help us continue to provide complete pack- aging solutions for our customers.” WestRock is the second largest American packaging company. It is one of the world’s largest paper and pack- aging companies with $15 billion in annual revenue and 42,000 employees in 30 countries around the world. WestRock Completes Acquisition Of Grupo Gondi In Mexico Atlanta, Georgia based WestRock announced that it has completed the acquisition of the remaining interest in Gru- po Gondi for $970 million plus the assumption of debt. The transaction is immediately accretive to earnings, subject to customary purchase price allocations. The acquisition of Grupo Gondi includes four paper mills, nine corrugated packaging plants and six high graph- ic plants throughout Mexico that produce sustainable packaging for a wide range of end markets in the region. This acquisition will enhance the company’s position in the growing Latin American containerboard, paperboard and consumer and corrugated packaging markets.
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Read the articles in Board Converting News every week to learn about the people, places and machinery that will open the doors to new or repeat business.
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December 12, 2022
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