WestRock Company was announced today by MeadWestvaco Corporation (MWV) and Rock-Tenn Company as the name for the new company when the two packaging leaders complete their previously announced combination. WestRock will trade on the New York Stock Exchange under the ticker symbol WRK.
“WestRock draws on the strongest elements from each of our legacy names,” says Steve Voorhees, who will be the chief executive officer of WestRock Company. “The name speaks to our determination to build on the long track record of success and growth that has been established by both companies. WestRock’s aspiration is to be the premier partner and unrivaled provider of winning paper and packaging solutions for our customers.”
The pending combination between MWV and RockTenn was announced on January 26, 2015. The companies have received antitrust approval in the U.S. and are awaiting other regulatory and shareholder approvals that are expected in the month of June.
WestRock Company’s aspiration is to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. WestRock’s 42,000 team members will support customers around the world from more than 300 operating facilities spanning North America, South America, Europe, and Asia.