Smurfit Westrock Plc (NYSE:SW, LSE:SWR) Company Profile
Smurfit Westrock Plc (NYSE:SW, LSE:SWR) was founded in 1934 and is headquartered in Dublin, Ireland. It is a global leader in sustainable paper and packaging, with its business widely spread across multiple countries.
I. Company Introduction
Smurfit Westrock Plc was founded in 1934 and is headquartered in Dublin, Ireland. It has 100,000 full-time employees. The company is engaged in the production, distribution, and sales of containerboard, corrugated boxes, and other paper packaging products in Ireland and internationally. Its business spans 40 countries, with numerous packaging processing operations and paper mills.
Official website: https://www.smurfitwestrock.com/
II. Major Business Segments
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Paper Production: It produces various types of paper, including containerboard, consumer packaging board, sack paper, graphic paper, solid board, graphic board, linerboard, corrugated paper, cardboard, and non-packaging grade paper. Some of the paper is used for processing into packaging products, and some is sold to third parties.
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Packaging Product Manufacturing: It manufactures paper packaging products such as corrugated boxes, consumer packaging, solid board packaging, paper bags, and bag-in-boxes, as well as processed products like folding cartons to meet the packaging needs of customers in different industries.
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Packaging Machinery Business: It provides packaging machinery. Combining its expertise in packaging design and automation, it ensures the seamless operation of packaging machines with packaging products.
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Recycling Business: It offers recycling solutions for paper and cardboard packaging, recycling in a responsible, efficient, and reliable manner, which reflects the company's efforts in sustainable development.
III. Technological and Business Advantages
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Scale and Market Advantages: As one of the world's largest paper and packaging producers, with its business spread across 40 countries, having more than 500 packaging processing operations and 63 paper mills, it has a large scale and wide market coverage. It has strong market influence and customer resources, enabling it to better cope with market changes and competition.
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Product Diversification and Innovation Advantages: It offers a wide variety of paper and packaging products, from traditional corrugated packaging to innovative bag-in-box packaging, meeting the needs of different industries and customers. It focuses on innovation, combining innovative structural design with high-quality printing in consumer packaging to enhance brand influence.
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Sustainable Development Advantages: It is a global leader in sustainable paper and packaging. It uses renewable, recyclable, and recycled materials to create packaging solutions, which is in line with the global environmental protection development trend. This helps to enhance the brand image and meet the needs of consumers and customers for environmentally friendly products.
IV. Development History
Time | Key Events |
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1934 | It was founded in the Rathmines area of Dublin, Ireland, initially as a box manufacturer. |
1938 | It was acquired by Mr. Jefferson Smurfit and traded under the name of Jefferson Smurfit. |
1964 | It was listed on the Irish Stock Exchange. |
1974 | It acquired a partial stake in Time Industries, headquartered in Chicago. |
1977 | Sir Michael Smurfit became the CEO, and the company continued to develop. |
1998 | It merged its 46% stake in its U.S. business with the Chicago-based Stone Container Corporation to form Smurfit - Stone Container Corporation. |
2002 | It was acquired by Madison Dearborn Partners, Cinven Limited, and CVC Capital Partners. |
2005 | It merged with Kappa Packaging and was renamed Smurfit Kappa. |
2007 | It had an initial public offering (IPO). |
2012 | It acquired the U.S.-based Orange County Container for $340 million. |
2016 | It acquired two Brazilian companies for €186 million. |
September 2023 | Smurfit Kappa announced that it had agreed to merge with WestRock to create one of the world's largest paper and packaging producers. |
July 5, 2024 | The transaction was completed, and the company was renamed Smurfit Westrock Plc. |
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