MWV and RockTenn have come together to form WestRock.

Informing media, customers and investors

Jan 28, 2016

WestRock Reports Fiscal 2016 First Quarter Results

NORCROSS, Ga., – January 28, 2016 – WestRock Company (NYSE: WRK) today announced results for its fiscal first quarter ended December 31, 2015. Due to the $478 million non-cash goodwill impairment charge associated with the Specialty Chemicals segment, WestRock recorded a loss of $1.76 per diluted share and adjusted earnings of $0.59 per diluted share.

Click here to view the full release.

Jan 21, 2016

WestRock Completes Acquisition of Cenveo Packaging

NORCROSS, Ga., – January 20, 2016 WestRock Company (NYSE: WRK) today announced that it has completed the acquisition of Cenveo Packaging, a leading provider of value-add folded carton and litho-laminated display packaging solutions. Cenveo Packaging is a division of Cenveo, Inc. (NYSE:CVO).

Through this transaction, WestRock has acquired seven facilities in North America with capabilities including MiraFoil ®, cold foil and low migration ink systems.

“Cenveo Packaging is an excellent addition to our folding carton and merchandising displays business,” said Craig Gunckel, executive vice president, Merchandising Displays and Folding Carton, Packaging Solutions, WestRock. “By combining WestRock paperboard with Cenveo’s packaging and printing capabilities, we expect to be able to further enhance the solutions that we are able to provide to our customers.”

The transaction is expected to generate significant synergies and be accretive to WestRock’s earnings immediately.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our current expectations, beliefs, plans or forecasts and are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.

WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include statements regarding, among other things, our expectations that by combining WestRock paperboard with Cenveo’s packaging and printing capabilities, we will be able to further improve our service to customers, that the Cenveo transaction will generate significant synergies, and the transaction will be accretive to earnings immediately.

With respect to these statements, WestRock has made assumptions regarding, among other things, the results and impacts of the merger of MeadWestvaco and RockTenn and the acquisition of Cenveo Packaging; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers.

Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; the occurrence of a natural disaster, such as a hurricane, winter or tropical storm, earthquake, tornado, flood, fire, or other unanticipated problems such as labor difficulties, equipment failure or unscheduled maintenance and repair, which could result in operational disruptions of varied duration; our desire or ability to continue to repurchase company stock; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management's assumptions are more particularly described in our filings with the Securities and Exchange Commission, including in Item 1A under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended September 30, 2015. The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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 268 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

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

Dec 10, 2015

WestRock to Acquire Cenveo Packaging

NORCROSS, Ga., – December 10, 2015 WestRock Company (NYSE:WRK) has entered into a definitive agreement to acquire Cenveo Packaging, a leading provider of value-add folded carton and litho-laminated display packaging solutions with six facilities located in North  America. Cenveo Packaging is a division of Cenveo, Inc. (NYSE:CVO). Cenveo Packaging has generated more than $190 million in revenue over the past 12 months.

“With attractive and complementary customers, markets and facilities, Cenveo Packaging will be an excellent addition to our consumer packaging business,” said Steve Voorhees, chief executive officer of WestRock. “By combining our operating expertise in folding cartons and integrating WestRock paperboard with Cenveo Packaging’s packaging and printing capabilities, we will be able to better serve our customers while generating significant synergies and performance improvements.”

Cenveo Packaging serves customers across North America with a focus on markets that value high-color printing and packaging capabilities, including food, beverage, pharma/nutraceutical, specialty tobacco and other consumer markets.

“We are excited to be able to offer customers a wider network of facilities and a more diverse set of capabilities, including MiraFoil®, cold foil and low migration ink systems, each of which will help our customers to be even more successful in their markets,” said Craig Gunckel, executive vice president, Merchandising Displays and Folding Carton, Packaging Solutions, WestRock.

At closing, WestRock will pay a total consideration of approximately $105 million. The transaction, which provides for an election under section 338(h)(10) of the Internal Revenue Code of 1986, as amended, is expected to generate significant synergies and be accretive to earnings immediately. The transaction is anticipated to close in early 2016 following regulatory approval. 

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our current expectations, beliefs, plans or forecasts and are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.

WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include statements regarding, among other things, our expectation that we will be able to better serve our customers while generating significant synergies and performance improvements; our expectation that the transaction will be accretive to earnings immediately and our anticipation that the transaction will close in early 2016 following regulatory approval.

With respect to these statements, WestRock has made assumptions regarding, among other things, the results and impacts of the merger of MeadWestvaco and RockTenn and the acquisition of Cenveo Packaging; whether and when the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expires or terminates; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers.

Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; the occurrence of a natural disaster, such as a hurricane, winter or tropical storm, earthquake, tornado, flood, fire, or other unanticipated problems such as labor difficulties, equipment failure or unscheduled maintenance and repair, which could result in operational disruptions of varied duration; our desire or ability to continue to repurchase company stock; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management's assumptions are more particularly described in our filings with the Securities and Exchange Commission, including in Item 1A under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended September 30, 2015. The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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 268 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

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

Dec 1, 2015

WestRock to Present at Bank of America Merrill Lynch Conference on December 10, 2015

NORCROSS, Ga., – December 1, 2015 – Steve Voorhees, chief executive officer of WestRock (NYSE: WRK), will address the investment community at approximately 11:40 a.m. ET on Thursday, December 10, 2015, at the Bank of America Merrill Lynch Paper, Packaging and Builders Conference in Boston.

The audio presentation will be webcast and can be accessed at www.westrock.com under the investors section. Slides from the presentation will also be available under the investors section at www.westrock.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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

WestRock Contacts

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

Jason Thompson, 804-444-2556
Director, Investor Relations
jason.thompson@westrock.com

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

Nov 5, 2015

WestRock Reports Fiscal 2015 Fourth Quarter Results

NORCROSS, Ga., -- WestRock Company (WestRock) (NYSE:WRK) today announced results for its fiscal fourth quarter, which ended September 30, 2015. On July 1, 2015, Rock-Tenn Company (RockTenn or RKT) and MeadWestvaco Corporation (MeadWestvaco or MWV) completed a strategic combination of their respective businesses. After completion of this transaction, RockTenn and MeadWestvaco became wholly owned subsidiaries of WestRock.

Click here to view the full release.

Oct 30, 2015

WestRock Announces Quarterly Dividend of $0.375 Per Share

NORCROSS, Ga., - (GLOBE NEWSWIRE) – WestRock today reported that its Board of Directors declared a dividend of $0.375 per share on its common stock.  The dividend will be paid to stockholders of record as of the close of business on November 19, 2015 and which will be paid on December 2, 2015.

About WestRock
WestRock (NYSE:WRK) aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. WestRock's 42,000 team members will support customers around the world from 275 operating and business locations spanning North America, South America, Europe and Asia. For more information, visit www.westrock.com.

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

Jason Thompson, 804-444-2556
Director, Investor Relations
jason.thompson@westrock.com

Oct 15, 2015

WestRock Offers Additional Customization with Launch of Creative Studio for Fragrance

Global packaging company gives brands even more opportunities to unlock the power of creativity and customization in fragrance and beauty and personal care

RICHMOND, Va., October 15, 2015 – WestRock Company (NYSE: WRK), a global leader in paper and packaging solutions, today announced an expanded suite of fragrance decoration and customization options. The new Creative Studio for Fragrance represents a sampling of dispensing solutions for fragrance – pairing decorative overtubes, WestRock’s NoC® invisible dip tube, and customized collars and actuators with new capabilities in extensions for spray caps – to create the ultimate aesthetic in an efficient, optimized way.

Consumers are looking to fragrance brands to provide new ways of self-expression and offer unique, tailored experiences. As brand owners are constantly on a quest to enhance the fragrance experience for consumers, they need a packaging partner who can help further unlock creativity and allow ideas to come to life in a practical, efficient way. 

The Creative Studio for Fragrance is an example of what is possible with WestRock’s customization capabilities for the Melodie® pump which include:

  • Decorative elements, including overtubes, to allow for more design options and a differentiated look to help set brands apart;
  • WestRock’s NoC® invisible dip tube, which becomes the perfect complement as the patented invisible dip tube technology does not interfere with the design elements of the overtube and works cohesively with the rest of the pack; and
  • WestRock’s Melodie® Clikit™ technology which allows the finished elements to be delivered to brand owners as a one-piece, pre-assembled unit. This ensures the finest quality product delivered in an optimized, efficient manner to help get brands to market quickly.

According to Sandy Gregory, associate marketing director of global fragrance and the European beauty market, “At WestRock, we study how consumers interact with packaging. We know from our insights work, which helped launch the Emotions of Spray Collection, that consumers notice, appreciate and feel connected by the nuances of the total fragrance experience: the way the spray touches their skin, the sound it makes as they spray and, of course, the overall look that will remind them of the magic of the story behind the fragrance. All of these elements come together to create a memorable experience with each use.”

WestRock will share the Creative Studio for Fragrance at LuxePack Monaco, October 21-23, 2015, at Booth RD09 in Hall Ravel. Members of WestRock’s design team will be available at the show to discuss inspiration and sketch ideas with visitors to the booth as they help bring the Creative Studio for Fragrance to life for different fragrance brand personalities and messaging. The new Pearl™ Deco Collection will also be featured at the booth which highlights new decoration techniques available for this well-established and versatile beauty and personal care pump range of solutions. In addition, WestRock’s portfolio of beauty and personal care dispensing systems and premium paperboard for luxury markets will be on display at the show.

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 42,000 team members support customers around the world from about 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at www.westrock.com

Media Contact (English):
Jennifer McMahon
Marketing Communications Manager, WestRock Company
+1 804.444.7925 | jennifer.mcmahon@westrock.com

Media Contact (French):
Katie Smitten
Senior Account Executive, Edelman
+34 93.488.1290 | katherine.smitten@edelman.com

Oct 12, 2015

Grupo Gondi and WestRock Form Joint Venture in México

MEXICO, DF and NORCROSS, Ga.– October 12, 2015 Grupo Gondi and WestRock (NYSE: WRK) have agreed to combine their operations in Mexico to form a joint venture, creating a leading paper and packaging company in the country.

Grupo Gondi currently operates ten production sites that hold six paper machines, seven corrugated packaging plants and four modern high graphic folding carton plants with pre-printing capacity.

WestRock, one of the world’s leading companies in the paper and packaging industry, operates three facilities in Mexico that produce corrugated packaging. WestRock will contribute these facilities, located in Mexicali, Monterrey and Querétaro, and cash to the joint venture in exchange for a 25 percent equity participation in the combined entity, which will operate as Grupo Gondi.

As the majority shareholder, the Grupo Gondi senior management team, led by Eduardo Posada, will manage the joint venture, and WestRock will provide technical and commercial resources to the combination. The business will employ 6,800 people.

“This joint venture expands Grupo Gondi’s ability to serve our customers across Mexico, with state-of-the-art technology and enhanced capabilities in packaging options in paper, corrugated, folding cartons and preprint,” said Eduardo Posada, chief executive officer, Grupo Gondi. “We have a demonstrated ability to provide outstanding service and innovation for our customers, and this joint venture enables us to continue to grow and expand our national presence.”

“Grupo Gondi is finally fulfilling its dream to joint venture with a partner like WestRock and continue to strengthen its position of being the best packaging option in the market. We are very excited about the possibilities of growing the business together,” said Alejandro González Cimadevilla, Grupo Gondi’s president and chairman of the board.

“Grupo Gondi shares our enthusiasm for growth opportunities in Mexico and for manufacturing the highest-quality packaging solutions for our customers,” said
Steve Voorhees, chief executive officer, WestRock. “We are confident in the leadership of this new venture and in our ability to maximize the benefits of this partnership to grow and expand our business in Mexico.”

The joint venture will be implemented as soon as the transaction is formally approved by Mexico’s Antitrust Authority, the Comisión Federal de Competencia
Económica (COFECE).

 

Forward-looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.


WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding, among other things, our expectation that the joint venture will enable Grupo Gondi to continue to grow and expand its national presence; our confidence in our ability to maximize the benefits of this partnership to grow and expand our business in Mexico; and our expectation that the joint venture will be consummated. With respect to these statements, WestRock and Grupo Gondi have made assumptions regarding, among other things, the results and impact of the joint venture; economic, competitive and market conditions in Mexico generally; volumes and price levels of purchases by customers; competitive conditions in the joint venture’s businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock's and Grupo Gondi’s businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; the occurrence of a natural disaster, such as a hurricane, tropical storm, earthquake, tornado, flood, fire, or other unanticipated problems such as labor difficulties, equipment failure or unscheduled maintenance and repair, which could result in operational disruptions of varied duration; our desire or ability to continue to repurchase company stock; and adverse changes in general market and industry conditions. The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

 

About Grupo Gondi

Grupo Gondi is one of the leading paper packaging suppliers in the Mexican market, with 10 plants in Mexico, supplying innovative paper packaging solutions to over 650 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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at www.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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

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

Oct 6, 2015

WestRock Announces Filing of Form 10 Registration Statement for Ingevity Spinoff

NORCROSS, Ga., October 6, 2015 – WestRock Company (NYSE: WRK) today announced the filing of the initial Form 10 registration statement for Ingevity Corporation with the U.S. Securities and Exchange Commission (“SEC”). Ingevity, the specialty chemicals business of WestRock, will become a new independent public company following the successful completion of its separation from WestRock. Ingevity is expected to trade on the New York Stock Exchange under the symbol of “NGVT.” Upon completion of the spinoff of Ingevity, which is expected to occur in the first calendar quarter of 2016, WestRock shareholders as of the record date for the separation will own 100 percent of the new company.

“Today’s filing continues the progress we are making to separate the specialty chemicals business from WestRock,” said Steve Voorhees, chief executive officer, WestRock Company. “The separation of Ingevity from WestRock will better position both businesses to pursue their respective operating priorities and strategies, and to focus on their unique opportunities for long-term growth and profitability.”

“I am extremely proud of the tremendous effort the Ingevity team has made to prepare for the separation, while also remaining focused on operating safely, meeting customers’ expectations and delivering on our financial commitments,” said Michael Wilson, the chief executive officer of Ingevity. “As a result, we believe we are well positioned to become a successful independent public company.”

About Ingevity

Ingevity is a leading global manufacturer of specialty chemicals and high performance carbon materials. The company’s specialty chemicals products serve as critical inputs used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants and publication inks. The company is also the leading global manufacturer of activated carbon used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats, with over 750 million units installed globally.  

The Ingevity name speaks to the company’s long track record of success through its commitment to serving customers with innovative products, processes and services.

Ingevity will have approximately 1,500 employees, and will serve customers in over 60 countries from its United States, Brazil and China manufacturing facilities. 

Form 10 Filing

Ingevity’s initial Form 10, filed today with the SEC, includes business and market information, Management’s discussion and analysis, as well as historical carve-out financial statements of Ingevity.

As is customary, additional information regarding the management, capital structure, pro forma unaudited results and other matters regarding Ingevity will be provided in subsequent amendments to the Form 10.

The transaction is subject to certain conditions, including the effectiveness of Ingevity’s Form 10, receipt of an opinion from tax counsel regarding the tax-free nature of the distribution, receipt of a private letter ruling from the Internal Revenue Service regarding certain U.S. federal income tax matters relating to the distribution and final approval and declaration of the distribution by WestRock’s Board of Directors. There can be no assurance regarding the ultimate timing of the spinoff or that it will be completed.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

Forward-looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.
WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Although WestRock believes that the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that these expectations will be attained, and it is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Such factors include, but are not limited to: uncertainties as to the completion and timing of the spinoff, the failure to satisfy any conditions to complete the spinoff, the expected tax treatment of the spinoff and the impact of the spinoff on the businesses of WestRock and Ingevity. 
With respect to these statements, WestRock has made assumptions regarding, among other things, economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Other important factors that may impact management's assumptions are more particularly described in Rock-Tenn Company's and MeadWestvaco Corporation's past filings with the Securities and Exchange Commission, including under the caption "Business -- Forward-Looking Information" and "Risk Factors" in RockTenn's Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and "Management's discussion and analysis of financial condition and results of operations -- Forward-looking Statements" and "Risk factors" in MeadWestvaco's Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These risks, as well as other risks associated with WestRock’s business are also more fully discussed under the caption "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" in the Registration Statement on Form S-4 filed by WestRock on March 10, 2015 (which registration statement was amended on April 20, 2015, May 6, 2015, and May 18, 2015, and was declared effective on May 19, 2015). The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

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

Oct 1, 2015

WestRock Completes Acquisition of SP Fiber Holdings, Inc.

NORCROSS, Ga., – October 1, 2015 WestRock Company (NYSE: WRK) today announced that it has completed the acquisition of SP Fiber Holdings, Inc. (“SP Fiber”), a producer of recycled containerboard, kraft and bag paper, and newsprint.

Through this transaction, WestRock has acquired mills located in Dublin, Georgia, and Newberg, Oregon that produce lightweight recycled containerboard and kraft and bag paper for end use in consumer and corrugated packaging.

“We expect to further improve the service we provide to customers as a result of this transaction,” said Jim Porter, president, Paper Solutions, WestRock. “Both WestRock and SP Fiber have strong track records of product quality and innovation, and we are excited about combining our resources to enhance our offering of paper solutions for food service, corrugated packaging and other markets.”

The transaction is expected to generate significant synergies and be accretive to WestRock’s earnings in the second half of fiscal year 2016.

Cautionary Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements are based on our current expectations, beliefs, plans or forecasts and are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include statements regarding, among other things, our expectation that the SP Fiber transaction will generate significant synergies and be accretive to WestRock’s earnings in the second half of fiscal year 2016 and that we expect to improve the service we provide to customers as a result of the transaction.  With respect to these statements, WestRock has made assumptions regarding, among other things, the results and impacts of the merger of MeadWestvaco and RockTenn and the acquisition of SP Fiber; whether and when the spin-off of WestRock's Specialty Chemicals business will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; the occurrence of a natural disaster, such as a hurricane, winter or tropical storm, earthquake, tornado, flood, fire, or other unanticipated problems such as labor difficulties, equipment failure or unscheduled maintenance and repair, which could result in operational disruptions of varied duration; our desire or ability to continue to repurchase company stock; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management's assumptions are more particularly described in Rock-Tenn 's and MeadWestvaco's past filings with the Securities and Exchange Commission, including under the caption "Business – Forward-Looking Information" and "Risk Factors" in RockTenn's Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and "Management's discussion and analysis of financial condition and results of operations – Forward-looking Statements" and "Risk factors" in MeadWestvaco's Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These risks, as well as other risks associated with RockTenn, MeadWestvaco and WestRock are also more fully discussed under the caption "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" in the Registration Statement on Form S-4 filed by WestRock on March 10, 2015 (which registration statement was amended on April 20, 2015, May 6, 2015, and May 18, 2015, and was declared effective on May 19, 2015). The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at www.westrock.com.

Investor Contacts

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

Media Contact

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

Sep 30, 2015

WestRock Names Chief Financial Officer for Ingevity

NORCROSS, Ga. – September 30, 2015 – WestRock Company (NYSE: WRK) today announced that John Fortson has been named chief financial officer of Ingevity, the company’s specialty chemicals business that is expected to become a publicly traded company early next year as the result of a spin-off from WestRock. He will join the company October 12, 2015.

“Having previously served as a public company CFO and treasurer, John will bring strong financial leadership and experience to Ingevity,” said Steve Voorhees, chief executive officer of WestRock. “He has a proven track record of operational and financial management, as well as capital markets experience, that will help the new company thrive as a publicly traded entity early next year.”

Voorhees continued, “With the addition of John as chief financial officer, CEO Michael Wilson has an outstanding team of leaders with the experience necessary to make Ingevity successful for its customers, employees and shareholders.”

Mr. Fortson comes to Ingevity from AAR Corporation, a leading global aviation and aerospace company, where he served as CFO and treasurer. Prior to joining AAR, he held a number of leadership positions with Bank of America Merrill Lynch, including managing director of the Industrials Group. He holds a bachelor of science degree from the United States Military Academy at West Point, and a master of business administration degree from Duke University’s Fuqua School of Business.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at www.westrock.com.

About Ingevity
Ingevity is a performance chemicals and materials business focused on turning complex challenges into powerful possibilities. The business is dedicated to advancing technologies in the oilfield, pavement, carbon and industrial markets. With 1,500 employees, the business supports global customers from its 25 operating locations. Learn more at www.ingevity.com.

Forward-looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding the expectation that Ingevity will become a publicly traded company early next year as the result of the spin-off from WestRock. With respect to these statements, WestRock has made assumptions regarding, among other things, whether and when the spin-off of WestRock's specialty chemicals business will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management's assumptions are more particularly described in Rock-Tenn Company's and MeadWestvaco Corporation's past filings with the Securities and Exchange Commission, including under the caption "Business -- Forward-Looking Information" and "Risk Factors" in RockTenn's Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and "Management's discussion and analysis of financial condition and results of operations -- Forward-looking Statements" and "Risk factors" in MeadWestvaco's Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These risks, as well as other risks associated with RockTenn, MeadWestvaco and WestRock are also more fully discussed under the caption "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" in the Registration Statement on Form S-4 filed by WestRock on March 10, 2015 (which registration statement was amended on April 20, 2015, May 6, 2015, and May 18, 2015, and was declared effective on May 19, 2015). The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

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

Sep 16, 2015

WestRock Launches the Child-Resistant, Consumer-Centric HiMark® CR Nasal Pump

New packaging is now in use for nasal medications sold in retail pharmacies across the United States

RICHMOND, Va., – September 16, 2015 – WestRock Company (NYSE: WRK), a global leader in paper and packaging solutions, announces the launch of the HiMark® CR Nasal Pump, which is now in use for nasal medications in retail pharmacies across the United States. The new packaging design was developed using patient insights and will facilitate a better medication usage experience.

The new packaging integrates safety features that are both child-resistant (CR) and patient-centric. It was developed in advance of new regulations from the U.S. Consumer Product Safety Commission (CPSC) requiring CR packaging for any over-the-counter or prescription drug products containing imidazolines. Imidazolines are found in commonly used nasal sprays and eye drops and are safe for directed usage but can cause serious adverse reactions in children when accidentally ingested.

Regulations for CR packaging differ around the world, but the responsibility to consider CR packaging for medication goes beyond simply meeting regulations – there are best practices driven by the desire to protect children, make things easier for adults, and help companies get ahead of regulatory trends to deliver products safely and responsibly – that are driving manufacturers to implement CR more broadly.

“By collecting feedback from consumers throughout the development of the HiMark CR Nasal Pump, we were able to go above and beyond simply complying with the CPSC regulation,” said Joe Keenan, director of sales and business development, WestRock Healthcare Dispensing Systems. “Our research shows that more than 80 percent of healthcare consumers state that packaging has an impact on their purchase decisions. Using the HiMark CR Nasal Pump is an opportunity for our pharmaceutical customers to bring even greater value to consumers with a package that delivers both child resistance and ease of use.” 

WestRock incorporated specific features into the final package design as a result of consumer research, including:

  • On-pack visual and tactile cues that communicate how to use the CR package.
  • Use of a simple range of motion to open the pump, without requiring extreme precision, making the package truly senior-friendly.
  • Audible indication and wiggle-free closure let users know they’ve closed the bottle securely.
  • Integration of the CR feature into the pump versus the removable cap; this ensures the highest level of protection for children by preventing access to the medication even if the over cap is left off or lost.

The HiMark CR Nasal Pump joins WestRock’s full suite of proven healthcare packaging solutions. WestRock Healthcare is a trusted partner to leading global pharmaceutical companies, retail pharmacies and contract packagers. Customers and consumers benefit from WestRock’s proven adherence-enhancing solutions, innovative designs for dispensing systems and closures, and expertise in CR and other aspects of the packaging regulatory environment.

WestRock Company was formed with the completion of the merger of MeadWestvaco and RockTenn on July 1, 2015.

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 42,000 team members support customers around the world from about 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at www.westrock.com

Investor Relations Contacts:
John Stakel 
Senior Vice President, Treasurer 
+1-678-291-7901 
 john.stakel@westrock.com

Jason Thompson
Director, Investor Relations
+1-804-444-2556
jason.thompson@mwv.com

Media Contact:
Jennifer McMahon
Manager, Marketing Communications - Home, Health & Beauty
+1-804-444-7925
jennifer.mcmahon@westrock.com

Aug 27, 2015

WestRock Partners with Junior Achievement of Georgia to Launch Simulation Center to Enhance Gwinnett Students’ Career Readiness Skills

NORCROSS, Ga. – Aug. 27, 2015 – WestRock Company today announced its partnership with Junior Achievement (JA) of Georgia, and its efforts to provide a dynamic learning experience designed to enhance Gwinnett students’ financial literacy and build skills for personal and professional success. WestRock will support the development and implementation of JA BizTown®, one of two interactive venues within the JA Discovery Center at Gwinnett. The center will open in September 2015 in time for the 2015-2016 school year and will serve more than 25,000 sixth and eighth grade students.

The experience begins with 18 in-class lessons of JA provided curriculum, then culminates with a day at JA BizTown presented by Cisco. The simulation creates an opportunity for students to experience an interactive economy and take on the role of employee, tax payer and consumer. During the visit to JA BizTown presented by Cisco students receive job assignments and work in teams at their assigned business. By the end of the simulation each student completes a day’s work, develops a personal budget and makes purchasing decisions.

“We are honored to support Junior Achievement in this innovative outreach to the youth of the Gwinnett community,” said Steve Voorhees, chief executive officer of WestRock. “RockTenn and MWV have both long been committed to JA, and we look forward to continuing our support as WestRock. We believe leadership and career readiness begins at an early age, and we’re proud to be a part of bringing this opportunity to local students.”

The interactive simulation provides sixth grade students the opportunity to not only learn about finances and careers, but to transform into adults for one day, becoming the sole decision maker and taking ownership of their professional success.

“Today there is an increasing issue with businesses finding qualified entry-level employees. By giving students the opportunity to participate in a hands-on business simulation we are providing them with not only a frame of reference as to what it means to be an employee, but also giving them a glimpse into what their future can entail if they work hard to achieve their dream,” said Jack Harris, president and CEO of Junior Achievement of Georgia. “Thanks to partnerships with the corporate community and local school system, JA is primed to provide the curriculum, tools and experiential facility to prepare more students to excel at the business of life.”

Georgia’s first JA BizTown opened in August 2013 at Junior Achievement’s Chick-fil-A Foundation Discovery Center. Since then thousands have benefited from the program. JA and its partners are proud to bring this program to the students of Gwinnett County. To find out more about JA BizTown visit georgia.ja.org.

We will be at the Grand Opening of the JA Discovery Center at Gwinnett on Aug. 27, 2015 from 10 a.m. to 12 p.m. at 1333 Old Norcross Road, Lawrenceville, Ga. 30046.

About Junior Achievement of Georgia
Junior Achievement (JA) of Georgia is dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make educated academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences to students from kindergarten through high school. JA of Georgia offers multiple programs, including in-class programs, JA BizTown, JA Finance Park, JA Fellows and JA-MBA, all of which focus on entrepreneurship, personal financial literacy and workforce readiness.  During the 2014/2015 school year, JA of Georgia served more than 168,000 students statewide through five district offices located in Atlanta, Columbus, Dalton, Gainesville and Savannah.  For more information, visit www.georgia.ja.org.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

Media Contacts:

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

Junior Achievement of Georgia
Callie Majors
404-257-4638
cmajors@georgia.ja.org

Aug 12, 2015

WestRock Introduces FlexFit, a Spouted Dispensing Closure for Flexible Pouches

Designed for Use with a Variety of Personal Care, Home and Food Applications

RICHMOND, Va., August 12, 2015 – WestRock Company (NYSE: WRK), one of the world's leading paper and packaging companies, today announced the launch of FlexFit™, a flip-top dispensing closure specifically designed for flexible pouches across personal care, home and food applications. FlexFit is a one-piece closure designed with a “latch-back” cap feature that ensures a clean dispense by keeping the cap away during use. It also comes in a range of orifice sizes and shapes, allowing brands to choose the best fit for their product.  

FlexFit is designed for brands who use or want to move to a flexible pouch and want to provide an improved dispensing experience for their consumers. (View the product demo.)  “The idea behind FlexFit is at the intersection of urbanization and mobility,” said Bill Riley, vice president, Global Innovation, Research & Development and Design at WestRock. “The growing urban population needs solutions that can be refilled and stored in small spaces; and consumers want products that fit into their busy, on-the-go lifestyles. Brand owners are no different. They want solutions that cost less, use less material than rigid bottles, and can be easily shipped. FlexFit delivers on each of these attributes.”

FlexFit is made of high-density polyethylene and is designed to be used in both food applications, such as condiments, flowable powders, sugar, and dehydrated beverages; and non-food applications like laundry and dish detergents (liquid or powder), soap refills, sunscreens and more.

FlexFit is manufactured in the United States, and joins WestRock’s full suite of dispensers and dispensing closures. For more information on WestRock and its product offerings, please visit www.westrock.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 42,000 team members support customers around the world from about 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at www.westrock.com

Investor Relations Contacts:
John Stakel 
Senior Vice President, Treasurer 
+1-678-291-7901 
 john.stakel@westrock.com

Jason Thompson
Director, Investor Relations
+1-804-444-2556
jason.thompson@mwv.com

Media Contact:
Jennifer McMahon
Manager, Marketing Communications – Home, Health & Beauty
+1-804-444-7925
jennifer.mcmahon@westrock.com

Aug 11, 2015

WestRock Announces Acquisition of SP Fiber Holdings, Inc.

NORCROSS, Ga., – August 11, 2015 WestRock Company (NYSE: WRK) has entered into a definitive agreement to acquire SP Fiber Holdings, Inc. (“SP Fiber”), a producer of recycled containerboard and kraft and bag paper with mills located in Dublin, Georgia, and Newberg, Oregon. WestRock will also acquire SP Fiber’s 48 percent interest in Green Power Solutions of Georgia, LLC (GPS). GPS is a renewable energy joint venture providing energy to Georgia Power and steam to the paper mill in Dublin. The total value of this transaction is $288.5 million.

“The Dublin and Newberg mills will balance the fiber mix of our mill system and the addition of kraft and bag paper will diversify our product offering,” said Steve Voorhees, chief executive officer of WestRock. “We expect to apply our operating capabilities to improve the cost structure of both mills. As a result, our mill system will be better positioned to serve the increasing demand for lighter weight containerboard and kraft paper.”

SP Fiber produces containerboard and kraft and bag paper for end use in consumer and corrugated packaging. Made from 100 percent post-consumer recycled fiber, these products have earned FSC, SFI and PEFC certifications.  

“We are thrilled to have the opportunity to supply the food service market with lighter weight paper for recycled, unbleached bags. Adding this modern recycled containerboard and kraft paper production provides us with efficiencies in our mill system that will enable us to more effectively serve our customers,” said Jim Porter, president, Paper Solutions, WestRock.

The transaction is expected to generate significant synergies and be accretive to earnings in the second half of fiscal year 2016. The transaction is subject to regulatory approval and will close after the regulatory process has concluded.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

Forward Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our current expectations, beliefs, plans or forecasts and are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding, among other things, our expectation that we will apply our operating capabilities to improve the cost structure of the mills; the statements that, as a result of the transaction, we will be better positioned to serve the increasing demand for lighter weight containerboard and kraft paper and that the addition of this modern recycled containerboard production and kraft paper production will enable us to more effectively serve our customers; and that the transaction will close after the regulatory process has concluded and is expected to generate significant synergies and be accretive to earnings in the second half of fiscal year 2016. With respect to these statements, WestRock has made assumptions regarding, among other things, whether and when we will receive the necessary regulatory approval of the transaction; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; the occurrence of a natural disaster, such as a hurricane, winter or tropical storm, earthquake, tornado, flood, fire, or other unanticipated problems such as labor difficulties, equipment failure or unscheduled maintenance and repair, which could result in operational disruptions of varied duration; our desire or ability to continue to repurchase company stock; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management's assumptions are more particularly described in RockTenn 's and MeadWestvaco's past filings with the Securities and Exchange Commission, including under the caption "Business – Forward-Looking Information" and "Risk Factors" in RockTenn's Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and "Management's discussion and analysis of financial condition and results of operations – Forward-looking Statements" and "Risk factors" in MeadWestvaco's Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These risks, as well as other risks associated with RockTenn, MeadWestvaco and WestRock are also more fully discussed under the caption "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" in the Registration Statement on Form S-4 filed by WestRock on March 10, 2015 (which registration statement was amended on April 20, 2015, May 6, 2015, and May 18, 2015, and was declared effective on May 19, 2015). The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

Media Contact:
Sarah Hogeboom
Manager, Corporate Communications
804-444-6397
mediainquiries@westrock.com

Aug 4, 2015

WestRock Announces Chief Executive Officer of Ingevity

NORCROSS, Ga., – August 4, 2015 WestRock Company (NYSE: WRK) today announced that D. Michael Wilson will be the chief executive officer of the company’s specialty chemicals business that is expected to become a publicly traded company, Ingevity, early next year as a result of a spin-off from WestRock. He will join the company on September 1, 2015.

“Michael Wilson brings breadth and depth of specialty chemicals experience to Ingevity,” said Steve Voorhees, chief executive officer of WestRock. “His exceptional leadership skills and outstanding track record of delivering results will serve Ingevity and its stockholders well.”

Michael comes to Ingevity from Albemarle Corporation where he most recently served as executive vice president leading Albemarle’s Performance Chemicals business. Prior to that, Michael led Albemarle’s Catalyst Solutions business and held a variety of business unit leadership roles at FMC, Wausau Papers and Rexam. He holds a bachelor of science degree in chemistry from the University of North Carolina and a master of business administration from the Kenan-Flagler Business School at the University of North Carolina.
  
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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

Forward-looking Statements

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding the expectation that the spin-off of the specialty chemicals business will be completed early next year. With respect to these statements, WestRock has made assumptions regarding, among other things, whether and when the spin-off of WestRock’s specialty chemicals business will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock’s businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock’s businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management’s assumptions are more particularly described in Rock-Tenn Company’s and MeadWestvaco Corporation’s past filings with the Securities and Exchange Commission, including under the caption “Business – Forward-Looking Information” and “Risk Factors” in RockTenn’s Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and “Management’s discussion and analysis of financial condition and results of operations – Forward-looking Statements” and “Risk factors” in MeadWestvaco’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These risks, as well as other risks associated with RockTenn, MeadWestvaco and WestRock are also more fully discussed under the caption “Cautionary Statement Regarding Forward-Looking Statements” and “Risk Factors” in the Registration Statement on Form S-4 filed by WestRock on March 10, 2015 (which registration statement was amended on April 20, 2015, May 6, 2015, and May 18, 2015, and was declared effective on May 19, 2015).  The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. 

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

Media Contact:
Sarah Hogeboom
Manager, Corporate Communications
804-444-6397

mediainquiries@westrock.com

Jul 29, 2015

WestRock Reports Strong Fiscal 2015 Third Quarter

NORCROSS, Ga., July 29, 2015 (GLOBE NEWSWIRE) -- WestRock Company (WestRock) (NYSE:WRK) today announced results for its fiscal third quarter, which ended June 30, 2015. On July 1, 2015, Rock-Tenn Company (RockTenn) and MeadWestvaco Corporation (MeadWestvaco) completed a strategic combination of their respective businesses. After completion of this transaction, RockTenn and MeadWestvaco became wholly owned subsidiaries of WestRock. In this release, the Company has presented selected financial results for the quarter ended June 30, 2015, for RockTenn and MeadWestvaco and has shown combined results for certain metrics.

Click here to download the full release.

Jul 15, 2015

Ingevity Announced as Name of MWV Specialty Chemicals Division

NORTH CHARLESTON, S.C., July 15, 2015 (GLOBE NEWSWIRE) -- Ingevity will be the new name of MWV Specialty Chemicals division of WestRock Company (NYSE:WRK). It will begin transacting business as Ingevity on September 1. As previously announced, the business is slated to be spun off as an independent, publicly-traded company around the end of the year.

"Ingevity is a unique expression of our purpose – to turn our customers' complex challenges into powerful possibilities," said Ed Rose, president, MWV Specialty Chemicals. "The name speaks to our longstanding record of success and commitment to serving our customers through innovative products, processes and services. Our announcement is the first step in a comprehensive plan to launch our brand, and define our future as a separate and independent company that will be better positioned to profitably grow in our targeted markets."

The Specialty Chemicals division develops and delivers high performance chemicals and materials that make a real difference in the real world – enabling oil to flow better, colors to shine brighter, roads to last longer and air to breathe cleaner. With a history of innovation spanning over 100 years, the division generates industry leading returns by exceeding the performance expectations of its customers across the mega-trend aligned markets of energy, infrastructure and transportation.

The separation is expected to be executed by means of a tax-free spinoff of the Specialty Chemicals business to shareholders of WestRock Company, resulting in two independent, publicly traded companies.The spinoff is expected to be completed around the end of the calendar year, subject to customary conditions. There can be no assurance regarding the ultimate timing of the spinoff or that it will be completed.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

Media Contact:

Stephanie Mangini
Director, Specialty Chemicals Division Communications
Tel: 843-740-2166
stephanie.mangini@mwv.com

Investors:

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

Jason Thompson
Director, Investor Relations
Tel: 804-444-2556
jason.thompson@westrock.com

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "may," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "potential" and "forecast," and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. WestRock cautions readers that a forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding the expectation that the spinoff of the Specialty Chemicals business will be completed around the end of the year and that the spin-off will be completed on a tax-free basis; the expectation that Specialty Chemicals will generate industry-leading returns and profitably grow in targeted markets; and that trends will continue in certain end markets including energy, infrastructure and transportation. With respect to these statements, WestRock has made assumptions regarding, among other things, whether and when the spin-off of WestRock's Specialty Chemicals business will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers. Further, WestRock's businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management's assumptions are more particularly described in Rock-Tenn Company's and MeadWestvaco Corporation's past filings with the Securities and Exchange Commission, including under the caption "Business – Forward-Looking Information" and "Risk Factors" in RockTenn's Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and "Management's discussion and analysis of financial condition and results of operations – Forward-looking Statements" and "Risk factors" in MeadWestvaco's Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These risks, as well as other risks associated with RockTenn, MeadWestvaco and WestRock are also more fully discussed under the caption "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" in the Registration Statement on Form S-4 filed by WestRock on March 10, 2015 (which registration statement was amended on April 20, 2015, May 6, 2015, and May 18, 2015, and was declared effective on May 19, 2015). The information contained herein speaks as of the date hereof and WestRock does not have or undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Jul 1, 2015

WestRock Company Formed with Completion of Merger of MeadWestvaco and RockTenn

NORCROSS, Ga., July 1, 2015 (GLOBE NEWSWIRE) -- WestRock Company (NYSE:WRK) today announced that it has begun operations following the completion of the combination of MeadWestvaco Corporation and Rock-Tenn Company.

WestRock is one of the world's largest paper and packaging companies with $15 billion in annual revenue and 42,000 employees in 30 countries. The company aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. It will support customers from approximately 275 operating and business locations around the world, including the most comprehensive substrate offering in the industry and a wide variety of packaging solutions for diverse end markets from food and beverage to personal care and healthcare.

"We are excited about the opportunity we have to win together with our customers, suppliers, shareholders, employees and our communities—all of whom stand to benefit from our expertise in developing and delivering paper and packaging solutions around the world and our determination to exceed customer expectations" said Steve Voorhees, CEO, WestRock Company.

WestRock will report third quarter earnings after the market close on July 29, 2015.

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 42,000 team members support customers around the world from approximately 275 operating and business locations spanning North America, South America, Europe and Asia. Learn more at westrock.com.

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

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@westrock.com

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

Jun 24, 2015

RockTenn Shareholders and MWV Stockholders Approve Combination

NORCROSS, GA and RICHMOND, VA. June 24, 2015—Rock-Tenn Company (RockTenn) (NYSE:RKT) and MeadWestvaco Corporation (MWV) (NYSE:MWV) today announced that shareholders of RockTenn and stockholders of MWV overwhelmingly approved the proposed combination of the two packaging companies into WestRock Company (WestRock) at their respective special meetings held earlier today.

At the RockTenn special meeting, more than 97% of the shares voted “FOR” the proposal to approve the business combination agreement, representing approximately 80% of the total shares outstanding as of the record date. At the MWV special meeting, 98% of the shares voted “FOR” the proposal to approve the adoption of the business combination agreement, representing approximately 83% of the total shares outstanding as of the record date. RockTenn shareholders and MWV stockholders also approved the other proposals considered at their respective special meetings.

RockTenn and MWV have now received all necessary approvals and expect the transaction to close on July 1, 2015.  The parties expect that WestRock will begin “regular-way” trading, and RockTenn and MWV will be delisted from the NYSE on July 2, 2015.

About WestRock WestRock Company aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. WestRock’s 42,000 team members will support customers around the world from 275 operating and business locations spanning North America, South America, Europe and Asia. WestRock will trade on the NYSE under the ticker symbol WRK.

RockTenn Contacts:
Investor Contact:
John Stakel
Senior Vice President, Treasurer
678-291-7901
jstakel@rocktenn.com

Media Contact:
Robin Keegan
Director, Corporate Communications
770-326-8245
rokeegan@rocktenn.com

MWV Contacts:
Investor Contact:
Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@mwv.com

Media Contact:
Tucker McNeil
Director, Corporate Communications
804-444-6397
mediainquiries@mwv.com

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. RockTenn and MWV caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, the statement that WestRock’s 42,000 team members will support customers around the world from 275 operating and business locations spanning North America, South America, Europe and Asia and that the transaction is expected to close on July 1, 2015. With respect to these statements, RockTenn and MWV have made assumptions regarding, among other things, whether and when the proposed transaction will close; the results and impacts of the proposed transaction; whether and when the spin-off of MWV’s specialty chemicals business will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in RockTenn’s and MWV’s businesses and possible adverse actions of their respective customers, competitors and suppliers. Further, RockTenn’s and MWV’s businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management’s assumptions are more particularly described in RockTenn’s and MWV’s filings with the Securities and Exchange Commission, including under the caption “Business – Forward-Looking Information” and “Risk Factors” in RockTenn’s Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and “Management’s discussion and analysis of financial condition and results of operations – Forward-looking Statements” and “Risk factors” in MWV’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. The information contained herein speaks as of the date hereof and neither RockTenn nor MWV have or undertake any obligation to update or revise their forward-looking statements, whether as a result of new information, future events or otherwise.

May 18, 2015

WestRock Announced as Name of Combined MWV/RKT Company Pending Merger

WestRock Company was announced today by MeadWestvaco Corporation (“MWV”) (NYSE: MWV) and Rock-Tenn Company (“RockTenn”) (NYSE: RKT) as the name for the new company when the two packaging leaders complete their previously announced combination. WestRock will trade on the New York Stock Exchange under the ticker symbol WRK.

“WestRock draws on the strongest elements from each of our legacy names,” said Steve Voorhees, who will be the chief executive officer of WestRock Company. “The name speaks to our determination to build on the long track record of success and growth that has been established by both companies. WestRock’s aspiration is to be the premier partner and unrivaled provider of winning paper and packaging solutions for our customers.”

The pending combination between MWV and RockTenn was announced on January 26, 2015. The companies have received antitrust approval in the United States and are awaiting other regulatory and shareholder approvals that are expected in the month of June.

About WestRock

WestRock Company’s (which will trade on the NYSE: WRK) aspiration is to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. WestRock’s 42,000 team members will support customers around the world from more than 300 operating facilities spanning North America, South America, Europe and Asia.

RockTenn Contacts:
Investor Contact:

John Stakel
Senior Vice President, Treasurer
678-291-7901
jstakel@rocktenn.com

Media Contact:

Robin Keegan
Director, Corporate Communications
770-326-8245
rokeegan@rocktenn.com

MWV Contacts:
Investor Contact:

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@mwv.com

Media Contact:

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

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. RockTenn and MWV caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding the ability to obtain regulatory and shareholder approvals and the statement that WestRock’s 42,000 team members will support customers around the world from more than 300 operating facilities spanning North America, South America, Europe and Asia. With respect to these statements, RockTenn and MWV have made assumptions regarding, among other things, whether and when the proposed transaction will be approved; whether and when the proposed transaction will close; the results and impacts of the proposed transaction; whether and when the spin-off of MWV’s specialty chemicals business will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in RockTenn’s and MWV’s businesses and possible adverse actions of their respective customers, competitors and suppliers. Further, RockTenn’s and MWV’s businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management’s assumptions are more particularly described in RockTenn’s and MWV’s filings with the Securities and Exchange Commission, including under the caption “Business – Forward-Looking Information” and “Risk Factors” in RockTenn’s Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and “Management’s discussion and analysis of financial condition and results of operations – Forward-looking Statements” and “Risk factors” in MWV’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. The information contained herein speaks as of the date hereof and neither RockTenn nor MWV have or undertake any obligation to update or revise their forward-looking statements, whether as a result of new information, future events or otherwise.

NO OFFER OR SOLICITATION

The information in this communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

The proposed transaction involving MWV and RockTenn will be submitted to the stockholders of MWV and the shareholders of RockTenn for their consideration. In connection with the proposed transaction, RockTenn has caused a newly formed holding company, WestRock Company (formerly known as Rome-Milan Holdings, Inc.), to file with the SEC a registration statement on Form S-4, which includes a draft preliminary prospectus with respect to the shares to be issued in the proposed transaction and a preliminary joint proxy statement for the shareholders of MWV and RockTenn (the “Joint Proxy Statement”), and which is expected to be declared “effective” by the SEC at a later date (the “Registration Statement”). Once effective, each of MWV and RockTenn will mail the Joint Proxy Statement in definitive form to their respective stockholders or shareholders, as applicable, and may file other documents regarding the proposed transaction with the SEC. The Registration Statement and the Joint Proxy Statement will contain important information about the proposed transaction and related matters. SECURITY HOLDERS ARE URGED AND ADVISED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT CAREFULLY AS THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC AND ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The Registration Statement, the Joint Proxy Statement and other relevant materials (when they become available) and any other documents filed or furnished by MWV or RockTenn with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, security holders will be able to obtain free copies of the Registration Statement and the Joint Proxy Statement from RockTenn by going to its investor relations page on its corporate website at http://ir.rocktenn.com and from MWV on its corporate website at www.mwv.com.

PARTICIPANTS IN THE SOLICITATION

MWV, RockTenn, their respective directors and certain of their executive officers and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about RockTenn’s directors and executive officers is set forth in its definitive proxy statement for its 2015 Annual Meeting of Shareholders, which was filed with the SEC on December 19, 2014, and information about MWV’s directors and executive officers is set forth in its Annual Report on Form 10-K/A, which was filed with the SEC on April 20, 2015. These documents are available free of charge from the sources indicated above, from RockTenn by going to its investor relations page on its corporate website at http://ir.rocktenn.com and from MWV on its website at www.mwv.com.

Additional information regarding the interests of participants in the solicitation of proxies in connection with the proposed transaction will be included in the Registration Statement, the Joint Proxy Statement and other relevant materials RockTenn and MWV intend to file with the SEC.

Mar 20, 2015

MWV and RockTenn Announce Executive Leadership Team for Combined Company

BUSINESSWIRE--March 20, 2015 – MeadWestvaco Corporation (MWV) (NYSE: MWV) and Rock-Tenn Company (RockTenn) (NYSE: RKT) announced the executive leadership team for the combined company following the completion of the transaction. As previously announced, Steve Voorhees will serve as the new company’s chief executive officer and John Luke will be non-executive chairman of the board.

“The announcement of our executive leadership team marks an important milestone in the merging of our companies,” said Voorhees, chief executive officer of RockTenn. “I am confident that this is the right team with the right expertise to execute our core strategies to succeed in paper and packaging markets and to create significant value for our shareholders.”

“Together, MWV and RockTenn are creating the premier global packaging company, unrivaled in terms of capabilities, customers and reach,” said Luke, chairman and chief executive officer of MWV. “We have drawn from the best talent of each company to build a leadership team that is unmatched in the industry, with the commercial, operational and financial expertise to drive our business forward and generate substantial shareholder value.”

The executive leadership team announced today includes:

  • Bob Beckler, president, Packaging Solutions
  • Nina Butler, chief sustainability officer
  • Ward Dickson, chief financial officer
  • Pete Durette, chief strategy officer
  • Jennifer Graham-Johnson, chief human resources officer
  • Bob McIntosh, general counsel
  • Jim Porter, president, Paper Solutions
  • Linda Schreiner, chief integration officer

Ed Rose, president, Specialty Chemicals, and Ken Seeger, president, Community Development and Land Management, will continue in their current leadership roles and report to Voorhees.

The transaction remains on track to close in the second calendar quarter of 2015 and is subject to shareholder approvals of both MWV and RockTenn, certain regulatory approvals and other customary closing conditions.

Bob Beckler, president, Packaging Solutions, is currently executive vice president, MWV, and president of packaging. Since joining MWV in 1987, Beckler has held a variety of roles in research, business development and leadership across specialty chemicals, industrial packaging and the company’s core packaging business.

Nina Butler, chief sustainability officer, is currently senior vice president and senior environmental counsel, RockTenn. Butler joined RockTenn in 2011 with the acquisition of Smurfit-Stone, where she served as senior environmental counsel.

Ward Dickson, chief financial officer, is currently executive vice president and chief financial officer, RockTenn. Prior to joining RockTenn in 2013, he served as senior vice president of finance for the global sales and service organization of Cisco Systems.

Pete Durette, chief strategy officer, is currently senior vice president of strategy, MWV, and leader of the Home, Health & Beauty segment. Since joining MWV as vice president and chief strategy officer in 2009, Durette has helped reshape the company’s portfolio, leading many of its major growth initiatives and investments. Prior to joining MWV, Durette was with Textron, Inc. and Marakon Associates.

Jennifer Graham-Johnson, chief human resources officer, is currently executive vice president, human resources, RockTenn. Graham-Johnson joined RockTenn in 1993 in risk management and has since served in a variety of leadership roles for the company, including director of benefits and senior vice president, employee services.

Bob McIntosh, general counsel, is currently executive vice president, general counsel and secretary, RockTenn. He was senior vice president, general counsel and secretary from 2000 to 2008, and vice president and general counsel from 1995 to 1999.

Jim Porter, president, Paper Solutions, is currently in the same role at RockTenn, leading the company’s containerboard, paperboard and pulp mills, as well as the forest resources organization, recycling business and sales of containerboard, paperboard, recycled fiber and pulp. Previously, Porter served as president of corrugated packaging. Porter joined RockTenn in 2008 with the acquisition of Southern Container Corp., where he was president and chief operating officer.

Linda Schreiner, chief integration officer, is currently senior vice president, human resources, communications and the MWV Foundation, MWV. Schreiner oversees organization strategy and development, talent management and total rewards for MWV’s global workforce. Prior to MWV, Schreiner was with Arthur D. Little and Signet Bank.

About RockTenn

RockTenn (NYSE: RKT) is one of North America's leading providers of packaging solutions and manufacturers of containerboard and paperboard. RockTenn's 27,000 employees are committed to exceeding their customers' expectations – every time. The company operates locations in the United States, Canada, Mexico, Chile and Argentina. For more information, visit www.rocktenn.com.

About MWV

MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its development land holdings. MWV’s network of 125 facilities and 15,000 employees spans North America, South America, Europe and Asia. Learn more at www.mwv.com.

RockTenn Contacts:
Investor Contact:

John Stakel
Senior Vice President, Treasurer
678-291-7901
jstakel@rocktenn.com

Media Contact:

Robin Keegan
Director, Corporate Communications
770-326-8245
rokeegan@rocktenn.com

MWV Contacts:
Investor Contact:

Jason Thompson
Director, Investor Relations
804-444-2556
jason.thompson@mwv.com

Media Contact:

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

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. RockTenn and MWV caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding the anticipated closing date of the transaction, the ability to obtain regulatory and shareholder approvals and satisfy the other conditions to the closing of the transaction, the successful closing of the transaction and the integration of RockTenn and MWV as well as opportunities for operational improvement including but not limited to cost reduction and capital investment, the value of merging the U.S. pension plans of the companies, the strategic opportunity and perceived value to RockTenn’s shareholders and MWV’s stockholders of the transaction, the transaction’s impact on, among other things, the combined company’s prospective business mix, margins, transitional costs and integration to achieve the synergies and the timing of such costs and synergies and earnings. With respect to these statements, RockTenn and MWV have made assumptions regarding, among other things, whether and when the proposed transaction will be approved; whether and when the proposed transaction will close; the results and impacts of the proposed transaction; whether and when the spin-off of MWV specialty chemicals will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in RockTenn and MWV’s businesses and possible adverse actions of their respective customers, competitors and suppliers. Further, RockTenn and MWV’s businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; the scope, costs, timing and impact of any restructuring of our operations and corporate and tax structure; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management’s assumptions are more particularly described in RockTenn’s and MWV’s filings with the Securities and Exchange Commission, including under the caption “Business – Forward-Looking Information” and “Risk Factors” in RockTenn’s Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and “Management’s discussion and analysis of financial condition and results of operations – Forward-looking Statements” and “Risk factors” in MWV’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. The information contained herein speaks as of the date hereof and neither RockTenn nor MWV have or undertake any obligation to update or revise their forward-looking statements, whether as a result of new information, future events or otherwise.

NO OFFER OR SOLICITATION

The information in this communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

The proposed transaction involving MWV and RockTenn will be submitted to the respective shareholders of MWV and RockTenn for their consideration. In connection with the proposed transaction, RockTenn has caused a newly formed holding company, Rome-Milan Holdings, Inc. to file with the SEC a preliminary registration statement on Form S-4, which includes a draft preliminary prospectus with respect to the shares to be issued in the proposed transaction and a preliminary joint proxy statement for the shareholders of MWV and RockTenn (the “Joint Proxy Statement”), and which is expected to be declared “effective” by the SEC at a later date (the “Registration Statement”). Once effective, each of MWV and RockTenn will mail the definitive Joint Proxy Statement to their respective shareholders and may file other documents regarding the proposed transaction with the SEC. The Registration Statement and the Joint Proxy Statement will contain important information about the proposed transaction and related matters. SECURITY HOLDERS ARE URGED AND ADVISED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT CAREFULLY WHEN THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC AND ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The Registration Statement, the Joint Proxy Statement and other relevant materials (when they become available) and any other documents filed or furnished by MWV or RockTenn with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, security holders will be able to obtain free copies of the Registration Statement and the Joint Proxy Statement from RockTenn by going to its investor relations page on its corporate website at http://ir.rocktenn.com and from MWV on its corporate website at www.mwv.com.

PARTICIPANTS IN THE SOLICITATION

MWV, RockTenn, their respective directors and certain of their executive officers and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about RockTenn’s directors and executive officers is set forth in its definitive proxy statement for its 2015 Annual Meeting of Shareholders, which was filed with the SEC on December 19, 2014, and information about MWV’s directors and executive officers is set forth in its definitive proxy statement for its 2014 Annual Meeting of Stockholders, which was filed with the SEC on March 26, 2014. These documents are available free of charge from the sources indicated above, from RockTenn by going to its investor relations page on its corporate website at http://ir.rocktenn.com and from MWV on its website at www.mwv.com.

 

Additional information regarding the interests of participants in the solicitation of proxies in connection with the proposed transaction will be included in the Registration Statement, the Joint Proxy Statement and other relevant materials RockTenn and MWV intend to file with the SEC.

 

###

 

Jan 26, 2015

MWV and RockTenn Agree to Combination Creating $16 Billion Global Packaging Leader

RICHMOND, Va. & NORCROSS, Ga.--(BUSINESS WIRE)--Rock-Tenn Company (“RockTenn”) (NYSE:RKT) and MeadWestvaco Corporation (“MWV”) (NYSE:MWV) today announced that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging (“NewCo”) in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over three years.

Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, MWV stockholders will receive 0.78 shares of NewCo for each share of MWV held. RockTenn shareholders will be entitled to elect to receive either (a) 1.00 shares of NewCo or (b) cash in an amount equal to the volume weighted average price of RockTenn common stock during a five-day period ending three trading days prior to closing for each share of RockTenn held. The cash and stock elections by RockTenn shareholders will be subject to proration such that the resulting ownership of NewCo will be approximately 50.1% by MWV shareholders and 49.9% by RockTenn shareholders, and based on the shares outstanding today, approximately 7% of RockTenn shares will receive cash in lieu of stock. This targeted ownership ratio of NewCo will facilitate the continued favorable tax attributes of the previously announced spin-off of MWV’s specialty chemicals business, which the parties intend to complete after the closing of the business combination.

Steven C. Voorhees, chief executive officer of RockTenn, said, “This transaction brings together two highly complementary organizations to create a new, more powerful company with leadership positions in the global consumer and corrugated packaging markets. This is a terrific opportunity for shareholders, employees and customers of both companies, all of whom stand to benefit enormously from the combination. Importantly, our two companies are also an exceptional cultural fit, sharing a commitment to exceeding customer expectations and a focus on developing innovative packaging solutions. Planning for the integration of these two companies has already started and we expect to expeditiously realize the full value of cost synergies we have identified.”

John A. Luke, Jr., chairman and chief executive officer of MWV, said, “We are creating the leading global provider of consumer and corrugated packaging solutions – and generating significant value for both companies’ shareholders. This transaction is a logical step that is borne of our strategic progress and financial success, and it offers MWV shareholders both immediate value and the opportunity to participate in significant upside as the new company generates substantial growth from its market-focused global strategy.”

Mr. Voorhees will serve as chief executive officer and president of the combined company, and Mr. Luke will become non-executive chairman of the board of directors. The board will be comprised of eight directors from RockTenn and six directors from MWV. Other key executives and their positions will be determined according to their strengths and will be named prior to closing. The combined company will maintain its principal executive offices in Richmond, Va., and will have operating offices in Norcross, Ga.

The transaction requires the approval of shareholders of both MWV and RockTenn and is subject to receipt of certain regulatory approvals and other customary closing conditions. Both parties target closing the transaction in the second calendar quarter of this year.

In separate news releases, MWV and RockTenn both reported earnings for the most recent quarter ended December 31, 2014.

Blackstone Advisory Partners L.P. served as financial adviser to RockTenn in the transaction and provided its board of directors a fairness opinion. Lazard has also provided a fairness opinion to RockTenn’s board of directors, as well as advice to the Company on certain matters related to the transaction. Cravath, Swaine & Moore LLP acted as RockTenn’s legal counsel.

MWV’s financial advisers were BofA Merrill Lynch and Goldman, Sachs & Co. Greenhill has also provided a fairness opinion to MWV’s board of directors. Wachtell, Lipton, Rosen & Katz acted as MWV’s legal counsel.

Additional information about the transaction can be found on the MWV and RockTenn websites, which are listed below.

Conference Call and Webcast Details
The management of both companies will host a joint conference call and live webcast on Monday, January 26, 2015 at 9:00 a.m. EST to discuss this announcement. The companies welcome all members of the investment community to listen to the call live by dialing 1-800-230-1766 in the United States or 1-612-332-0530 outside the U.S. and providing the passcode: Packaging. The live and archived webcast of the call can be accessed at www.rocktenn.com or www.mwv.com. An audio replay of the call will be available approximately three hours after the call’s conclusion through Thursday, February 26, and can be accessed by calling 1-800-475-6701 in the U.S. or 1-320-365-3844 outside the U.S. and entering the access code: 352014.

About RockTenn
RockTenn (NYSE:RKT) is one of North America's leading providers of packaging solutions and manufacturers of containerboard and paperboard. RockTenn's 27,000 employees are committed to exceeding their customers' expectations - every time. The company operates locations in the United States, Canada, Mexico, Chile and Argentina. For more information, visit www.rocktenn.com.

About MWV
MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its development land holdings. MWV’s network of 125 facilities and 15,000 employees spans North America, South America, Europe and Asia. Learn more at www.mwv.com.

FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. RockTenn and MeadWestvaco caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements regarding the anticipated closing date of the transaction, the ability to obtain regulatory and shareholder approvals and satisfy the other conditions to the closing of the transaction, the successful closing of the transaction and the integration of RockTenn and MeadWestvaco as well as opportunities for operational improvement including but not limited to cost reduction and capital investment, the strategic opportunity and perceived value to RockTenn’s and MeadWestvaco’s respective shareholders of the transaction, the transaction’s impact on, among other things, the combined company’s prospective business mix, margins, transitional costs and integration to achieve the synergies and the timing of such costs and synergies and earnings. With respect to these statements, RockTenn and MeadWestvaco have made assumptions regarding, among other things, whether and when the proposed transaction will be approved; whether and when the proposed transaction will close; the results and impacts of the proposed transaction; whether and when the spin-off of MeadWestvaco Specialty Chemicals will occur; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in RockTenn and MeadWestvaco’s businesses and possible adverse actions of their respective customers, competitors and suppliers. Further, RockTenn and MeadWestvaco’s businesses are subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for their products; increases in energy, raw materials, shipping and capital equipment costs; reduced supply of raw materials; fluctuations in selling prices and volumes; intense competition; the potential loss of certain customers; and adverse changes in general market and industry conditions. Such risks and other factors that may impact management’s assumptions are more particularly described in RockTenn’s and MeadWestvaco’s filings with the Securities and Exchange Commission, including under the caption “Business – Forward-Looking Information” and “Risk Factors” in RockTenn’s Annual Report on Form 10-K for the fiscal year ended September 30, 2014 and “Management’s discussion and analysis of financial condition and results of operations – Forward-looking Statements” and “Risk factors” in MeadWestvaco’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013. The information contained herein speaks as of the date hereof and neither RockTenn nor MeadWestvaco have or undertake any obligation to update or revise their forward-looking statements, whether as a result of new information, future events or otherwise.

NO OFFER OR SOLICITATION
The information in this communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

ADDITIONAL INFORMATION AND WHERE TO FIND IT
The proposed transaction involving MeadWestvaco and RockTenn will be submitted to the respective shareholders of MeadWestvaco and RockTenn for their consideration. In connection with the proposed transaction, MeadWestvaco and RockTenn will cause the newly formed company to file with the SEC a registration statement on Form S-4 (the “Registration Statement”), which will include a prospectus with respect to the shares to be issued in the proposed transaction and a preliminary and definitive joint proxy statement for the shareholders of MeadWestvaco and RockTenn (the “Joint Proxy Statement”) and each of MeadWestvaco and RockTenn will mail the Joint Proxy Statement to their respective shareholders and file other documents regarding the proposed transaction with the SEC. The definitive Registration Statement and the Joint Proxy Statement will contain important information about the proposed transaction and related matters. SECURITY HOLDERS ARE URGED AND ADVISED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT CAREFULLY WHEN THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC AND ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The Registration Statement, the Joint Proxy Statement and other relevant materials (when they become available) and any other documents filed or furnished by MeadWestvaco or RockTenn with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, security holders will be able to obtain free copies of the Registration Statement and the Joint Proxy Statement from RockTenn by going to its investor relations page on its corporate website at http://ir.rocktenn.com and from MeadWestvaco on its corporate website at www.mwv.com.

PARTICIPANTS IN THE SOLICITATION
MeadWestvaco, RockTenn, their respective directors and certain of their executive officers and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about RockTenn’s directors and executive officers is set forth in its definitive proxy statement for its 2015 Annual Meeting of Shareholders, which was filed with the SEC on December 19, 2014, and information about MeadWestvaco’s directors and executive officers is set forth in its definitive proxy statement for its 2014 Annual Meeting of Stockholders, which was filed with the SEC on March 26, 2014. These documents are available free of charge from the sources indicated above, from RockTenn by going to its investor relations page on its corporate website at http://ir.rocktenn.com and from MeadWestvaco on its website at www.mwv.com.

Additional information regarding the interests of participants in the solicitation of proxies in connection with the proposed transaction will be included in the Registration Statement, the Joint Proxy Statement and other relevant materials RockTenn and MeadWestvaco intend to file with the SEC.

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Oct 13, 2015

WestRock Wins Pro Carton-ECMA Award

Packaging Europe Logo

Coverage from Packaging Europe recognizing WestRock as a winner in the 2015 Pro Carton-ECMA Carton Awards.

Sep 4, 2015

WestRock and Junior Achievement launch simulation center for students

Atlanta Journal-Constitution Logo

Coverage from the Atlanta Journal-Constitution (AJC) on WestRock's partnership with Junior Achievement of Georgia to open a new facility in Gwinnett County

Aug 19, 2015

Flip-top pouch fitment delivers clean dispensing

Packaging Digest Logo

Product report from Packaging Digest on WestRock's FlexFit™ dispensing closure.

Aug 4, 2015

Westrock Receives 2015 Supplier Award from SC Johnson

SC Johnson Logo

Award honors WestRock's commitment to customer partnership and value.

Jul 14, 2015

North Charleston-based MWV Specialty Chemicals changing its name

Charleston Post & Courier Logo

Coverage from the Charleston Post & Courier of the announcement of Ingevity as the new name for the Specialty Chemicals business.

Jul 6, 2015

RockTenn and MeadWestvaco now WestRock

Atlanta Journal-Constitution Logo

Coverage of the first day of WestRock Company from the Atlanta daily newspaper.

Jul 6, 2015

WestRock Company Formed with Completion of Merger of MeadWestvaco and RockTenn

Packaging News Logo

Coverage of the first day of WestRock Company from a major UK-based packaging trade.

Jul 2, 2015

MWV and RockTenn complete the merger process and Brazil is highlighted

Valor Logo

Coverage of the start of WestRock operations from the major business daily in Brazil.

Jul 1, 2015

MeadWestvaco officially completes merger with Rock-Tenn

Richmond Times Dispatch Logo

Coverage of the first day of WestRock Company from the Richmond daily newspaper.

May 29, 2015

Packaging Company Combo to be Named WestRock

Associated Press Logo

This item from the Associated Press recaps the announcement of the name of the combined MWV/RockTenn company pending the merger.

Jan 26, 2015

Rock-Tenn, MeadWestvaco to merge, create packaging giant

Reuters Logo

This item from Reuters recaps the announcement of MWV and RockTenn's agreement to combine, creating a $16 billion global packaging leader.


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