Irish packaging company Smurfit Kappa has merged with US WestRock. They are two of the world’s largest packaging companies.
The new global giant is worth approximately $20bn.
Smurfit Kappa CEO is Tony Smurfit. His grandfather came to Ireland from the UK and opened his first factory in Observatory Lane, Rathmines in 1938. The company made cardboard boxes.
In 1952 Smurfit moved the factory and its 150 workers to Clonskeagh on the Dodder.
Smurfit Paper Mills in Clonskeagh closed in February 2005 and it was the last paper mills in the country.
At the time the company said the decision was made as the mill had become "uncompetitive due to a number of key factors, including reduced market pricing, increased energy costs, higher environmental charges and changing market requirements for packaging paper grades”.
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