Smurfit WestRock Public Limited Company

Dublin-based Smurfit Kappa was established in 2005, as a result of a merger between Jefferson Smurfit and Kappa Packaging. Smurfit Kappa is one of the largest packaging companies in the world, with employees located in over 30 countries. In addition to Dublin, the company has regional headquarters in Amsterdam and Miami. Smurfit Kappa controls an entire packaging supply chain, including forestry and paper recycling operations. SKG.L stock is listed on the London Stock Exchange, the Euronext in Ireland and the FTSE 100 Component index. Smurfit Kappa’s IPO took place in 2005, valued at €16.50. This put the company’s market valuation at over 3 billion euros. Smurfit Kappa admitted that the main reason for its IPO was the necessity to pay mounting debts. Smurfit Kappa purchased Orange County Container for 340 million dollars in 2012. Other assets owned by the company include paper mills, several distribution centres and packaging plants located all over the world. Despite its impressive supply chain, Smurfit Kappa also buys wood and other materials from third parties, in order to meet its business requirements. Find out what other traders think about Smurfit Kappa by adding the stock to your watchlist today.