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Industry Dynamics
WestRock's acquisition of UBS strengthens its production capacity
2019-05-24
News
In May 2019, WestRock acquired UBS Printing Group, which expanded its coverage on the West Coast of the United
In May 2019, WestRock acquired UBS Printing Group, which expanded its coverage on the West Coast of the United States and strengthened its corrugated packaging production capacity.
 
According to public information, UBS is located in Colona, California, USA. It specializes in printing and packaging. Its products include high impact resistant corrugated paper and related literature products.
 
The acquisition of UBS responds to WestRock's strategy of reflecting customer demand, expanding production capacity and market coverage.
 
On a deeper level, the change supports customers in the beauty and personal care, health products and medicine industries. UBS will be part of WestRock's diverse packaging solutions business.
 
Marc Shore, president of WestRock's multi-packaging solutions business, said: "UBS is a recognized supplier of innovative, decorative and impact-resistant packaging, and has a good record of investment advantages in technology. To increase this business, we will better serve customers on the West Coast and further increase our products in high-end, high impact-resistant decorative products.
 
"We are delighted to welcome the UBS team to the WestRock family of packaging solutions."
 
About WestRock
 
WestRock (New York Stock Exchange Code: WRK) aims to become a global leader in consumer packaging and corrugated paper packaging market, providing quality cardboard and packaging solutions.
 
WestRock has a long history of entrepreneurship, guidance and innovation. This history includes breakthroughs in papermaking, packaging design and retail solutions, as well as strategic strengthening and expansion of the company's capabilities and strength over the years.
 
WestRock operates around the world and specializes in a variety of shopping categories. WestRock focuses on working with brands to help them win the race by providing an excellent combination of cardboard and packaging products.
 
WestRock is working together to create better packaging solutions.
 
Original Title: WestRock Purchased UBS Printing Group to Strengthen its Corrugated Packing Production Capacity
 
(Source: LABELS & LABELING)