WestRock Company announced the completion of the acquisition of Multi Packaging Solutions International Limited. WestRock refinanced MPS debt as part of the transaction. “I am excited about our acquisition of MPS, which is an important step in the continuing development of WestRock,” said Steve Voorhees, chief executive officer of WestRock. “MPS is a leader in the value-added packaging sector, and the addition of MPS to WestRock strengthens our differentiated portfolio of paper and packaging solutions.”
The nation’s emerging consumer powerhouse has spoken: They want more sustainable packaging choices. In fact, studies show that Millennials want beverages with healthy ingredients to have packaging that they perceive to be healthier as well. Now it’s up to producers and manufacturers to meet this need.