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Grupo Gondi and WestRock Complete Joint Venture

MEXICO, DF and NORCROSS, Ga., April 01, 2016 (GLOBE NEWSWIRE) -- Grupo Gondi and WestRock (NYSE:WRK) today announced that they have completed the formation of a joint venture combining their paper and packaging operations in Mexico. The combination was recently approved by Mexico’s Antitrust Authority, the Comisión Federal de Competencia Económica (COFECE), and the companies will begin operating in Mexico as a single entity immediately.



About Grupo Gondi

Grupo Gondi is one of the leading paper packaging suppliers in the Mexican market, with 13 plants in Mexico, supplying innovative paper packaging solutions to over 750 customers. Learn more about Grupo Gondi at www.grupogondi.com.

About WestRock

WestRock Company (NYSE:WRK) aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. WestRock’s 41,000 team members support customers around the world from more than 250 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

Grupo Gondi Contacts

Francisco Rodriguez
Chief Financial Officer
52 55 52496020
francisco.rodriguez@grupogondi.com

Mauricio Monjardin
Commercial Director
52 55 52496025
mauricio.monjardin@grupogondi.com

WestRock Contacts

John Stakel
Senior Vice President, Treasurer
678-291-7901
john.stakel@westrock.com

Tucker McNeil
Director, Corporate Communications
804-444-6397
mediainquiries@westrock.com

Source:WestRock Shared Services, LLC