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WestRock Signs Deal to Buy KapStone

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By: Jamie Matusow

Editor-in-Chief

Citing strong demand for packaging products in “a growing U.S. economy and a booming e-commerce market,” WestRock is adding to its holdings. The packaging supplier announced an agreement to buy KapStone Paper and Packaging Corp. for about $3.5 billion.

Last year, WestRock purchased Multi Packaging Solutions International Ltd and sold its division that makes soap dispensers and perfume sprayers to focus on its core paper and packaging businesses. 

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