Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Displaying Articles 1 - 25 of 270
Prev - Next
Subsidiary of UFP Industries closes on purchase of Spartanburg Forest Products and its affiliates

UFP Industries, Inc. announced that its wholly owned subsidiary Sunbelt Forest Products Corporation closed on its agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg's property, plants and equipment is approximately $16.5 million. Sunbelt also purchased Spartanburg's net working capital for an amount equal to the net book value determined on the date of closing, which totaled approximately $146.5 million.

Read More »
Essity acquires distribution rights to Sorbact in Australia and New Zealand

Essity is acquiring the distribution rights to the wound care technology Sorbact® in Australia and New Zealand from the Australian company Bayport Brands. In 2020, sales of Sorbact® in the region amounted to AUD 1.7m (approximately SEK 11m).

Read More »
Pixelle Acquires Two Specialty Papers Businesses

Pixelle Specialty Solutions LLC announced it has completed two strategic investments that will further strengthen its portfolio and enhance service to new and existing customers. On March 31st, Pixelle acquired the specialty paper business Rollsource from Veritiv Corporation. On April 5th, Pixelle acquired the carbonless rolls and security papers business from Appvion Operations Inc.

Read More »
Pinnacle Renewable Energy obtains final order approving arrangement with Drax Group

Pinnacle Renewable Energy Inc. obtained a final order from the Supreme Court of British Columbia, Canada, approving the plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which Drax Group plc through its wholly-owned subsidiary, Drax Canadian Holdings Inc., will acquire all of the issued and outstanding common shares of the Company for C$11.30 in cash per share.

Read More »
Neenah Completes Purchase of ITASA

Neenah, Inc. announced that it had completed the previously announced agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. ("ITASA"), from Magnum Capital and other minority shareholders.

Read More »
Södra purchases sawmill and timber treatment facility in Sweden

Södra is acquiring Ture Johanssons Trävaru AB and AB Tenhults Impregneringsverk. The acquisitions will take effect immediately following approval by the Swedish Competition Authority. This process is expected to take up to six weeks.

Read More »
UPM sells its Jyväskylä plywood mill site and premises to Redeve Oy

UPM sells its Jyväskylä plywood mill site and premises, located in Säynätsalo, Jyväskylä in Finland, to real estate developer Redeve Oy. The transaction was completed today, and the ownership of the real estate was transferred to Redeve immediately. At the same time, businesses currently renting premises on the site, will become tenants of Redeve.

Read More »
Rayonier Advanced Materials sells its lumber and newsprint assets to GreenFirst Forest Products

Rayonier Advanced Materials Inc. (RYAM) and GreenFirst Forest Products Inc., a Canadian lumber company, have entered into a binding asset purchase agreement pursuant to which RYAM has agreed to sell all of its lumber and newsprint facilities and related assets located in Ontario and Québec. to GreenFirst for an expected purchase price of approximately $214 million including inventory on hand at the time of closing which is payable approximately 85% in cash, 15% common shares of the capital of GreenFirst.

Read More »
LDI Acquires Miller Container Co.

Liberty Diversified International (LDI) has acquired the assets of Miller Container Company, a Quad Cities-based manufacturer of corrugated cartons and displays.

Read More »
$3M aid package for at least 80 jobs at Duluth Verso paper mill moves forward

A measure that could help revive Verso Corp.'s Duluth paper mill appears well-positioned to be signed into law as part of an omnibus jobs bill.

Read More »
Essity acquires distribution rights to Sorbact in Australia and New Zealand

Essity is acquiring the distribution rights to the wound care technology Sorbact® in Australia and New Zealand from the Australian company Bayport Brands. In 2020, sales of Sorbact® in the region amounted to AUD 1.7m (approximately SEK 11m).

Read More »
Pixelle Acquires Two Specialty Papers Businesses

Pixelle Specialty Solutions LLC announced it has completed two strategic investments that will further strengthen its portfolio and enhance service to new and existing customers. On March 31st, Pixelle acquired the specialty paper business Rollsource from Veritiv Corporation. On April 5th, Pixelle acquired the carbonless rolls and security papers business from Appvion Operations Inc.

Read More »
Handprint, a business unit of UFP Industries, announces agreement to purchase Walnut Hollow Farm

UFP Industries, Inc. announced that Handprint, the growing home and décor business unit of UFP Retail Solutions, has signed an agreement to purchase the operating assets of Walnut Hollow Farm, Inc. Pending customary closing conditions, the acquisition is expected to close by the end of April 2021.

Read More »
Multi-Color Corporation Acquires Australian Label Manufacturer Herrods

Multi-Color Corporation, one of the largest label companies in the world, announced the acquisition of Melbourne, Australia-based Herrods, a leading provider of in-mold label (IML) solutions in Australia and New Zealand. Financial terms of the transaction were not disclosed.

Read More »
Prospective buyer expresses interest in Verso Duluth, Minn. paper mill

A provision in a bill recently approved by the Minnesota House of Representatives could help breathe new life into the Duluth paper mill, following Verso Corp.'s June decision to shut the mill down.

Read More »
Glatfelter Announces Conclusion of Regulatory Process for the Acquisition of Georgia-Pacific's U.S. Nonwovens Business

Glatfelter Corporation announced the antitrust regulatory process has concluded and it may now proceed with the previously announced acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million.

Read More »
Apollo Is Weighing $6 Billion Sale of McGraw-Hill Education

Private equity firm Apollo Global Management Inc. is exploring a sale of textbook publisher and education technology company McGraw-Hill Education that could fetch up to $6 billion, including debt, according to people familiar with the matter.

Read More »
International Paper Acquires Two Corrugated Packaging Plants in Spain

International Paper has purchased two state-of-the-art corrugated box plants in Spain, further growing its capabilities in Madrid and Catalonia, the largest industrial regions in the country.

Read More »
Negotiations to sell Verso Duluth paper mill hindered by financial obstacles

Judging from a message sent to at large City Councilor Derek Medved Monday, ST Paper's efforts to purchase Verso Corp.'s shuttered Duluth mill aren't going very well.

Read More »
Sonoco Divests U.S. Display Business to Hood Container Corporation

Sonoco announced it has closed on the sale of its Display and Packaging business in the United States to Hood Container Corporation for $80 million in cash.

Read More »
Domtar Corporation Completes Sale of Personal Care Business

Domtar Corporation announced that it completed the previously disclosed sale of its Personal Care business to affiliates of American Industrial Partners for $920 million. This divestiture is a significant milestone in the Company's strategic transformation to become a leading paper, pulp and packaging company.

Read More »
Interfor Completes Acquisition of South Carolina Sawmill

Interfor announced that it has completed the previously announced transaction to acquire WestRock Company's sawmill located in Summerville, South Carolina.

Read More »
Neenah Grows in Technical Products and adds to its Specialty Coatings Platform with Agreement to Acquire ITASA

Neenah, Inc. announced the signing of a definitive agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. ("ITASA"), from Magnum Capital and other minority shareholders for €205 million in cash. Closing is expected to occur in early April and is subject to customary conditions.

Read More »
UFP Industries subsidiary purchases J.C. Gilmore in Australia

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of J.C. Gilmore Pty Ltd.

Read More »
Fort Dearborn Company Announces the Acquisition of Hammer Packaging Corporation

Fort Dearborn Company announced that it has acquired Hammer Packaging Corporation. The combined organization takes advantage of Hammer's state-of-the-art technology to enhance Fort Dearborn's leadership position in the decorative label and packaging marketplace by further expanding the company's geographic footprint, capacity and capabilities.

Read More »
Displaying Articles 1 - 25 of 270
Prev - Next

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: