Smurfit WestRock’s formation follows over a decade of consolidation in the containerboard industry, where four players now account for over 70% of the previously fragmented North American market.
At the end of December 2023, ASMPT had net cash, having ended eight of the past 12 years in a net cash position. Three company acquisitions in 2018 and an industry downturn in the first half of 2019 ...