PaperAge Magazine

WestRock Completes Sale of Home, Health and Beauty Business

April 7, 2017 - WestRock Company yesterday announced that it has completed the sale of its Home, Health and Beauty business to Silgan Holdings Inc. for approximately $1.025 billion in cash (subject to post-closing adjustments) plus the assumption of approximately $25 million in foreign pension liability.

WestRock said that it expects to use the proceeds from the sale of the business in connection with its previously announced purchase of Multi Packaging Solutions International Limited.

WestRock (WRK) aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets.To learn more, please visit: www.westrock.com

SOURCE: WestRock Company

See related story:
» WestRock to Divest Home, Health and Beauty Business for $1.025 Billion (Jan. 23, 2017)