Maker of containerboard and corrugated packaging products reports strong Q2.
Latest In Paper Products & Packaging Distribution
William Stiehl promoted to senior vice president and chief financial officer.
Company says merger proposal with GPCs S.P. Richards business remains in effect, despite unsolicited offer from Staples, Inc.
Deal creates stronger, more competitive business products distributor.
Deal expands manufacturers packaging solutions and capabilities portfolio.
Fourth quarter sales up 14.1 percent year-over-year.
Strategic, financial deals alike escalate across industry.
For the first nine months, sales were up 10.6 percent year-over-year.
Purchase expands Veritiv's rigid plastic, glass and metal packaging offerings.
Company also reports sales up 20 percent in first half of 2017.
Acquisition expands company's automation solutions capabilities.
Parent company Genuine Parts sales up 5.1 percent in second quarter.
Both companies will be integrated into WestRock's corrugated packaging business.
