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Displaying Articles 1 - 25 of 62
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TC Transcontinental enters into agreement with Hood Packaging Corporation for the sale of paper and woven polypropylene packaging operations

TC Transcontinental announced that it has reached a definitive agreement to sell its paper and woven polypropylene packaging operations to Hood Packaging Corporation for a price of US$180 million (about C$239 million) subject to working capital adjustments.

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Ahlstrom-Munksjö signs a non-binding letter of intent to acquire Chinese decor paper producer Minglian

Ahlstrom-Munksjö has signed a non-binding letter of intent with the majority shareholders of Hebei Minglian New Materials Technology Co., Ltd. to acquire the company, comprising a state-of-the-art greenfield decor paper plant in the city of Xingtai, Hebei Province, China.

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Molpus purchases 18,433 acres of timberland in Alabama

The Molpus Woodlands Group, LLC (Molpus) has purchased approximately 18,433 acres of timberland in east central Alabama.

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Canfor recommends that shareholders take buyout offer

TC Transcontinental announced that it has reached a definitive agreement to sell its paper and woven polypropylene packaging operations to Hood Packaging Corporation for a price of US$180 million (about C$239 million) subject to working capital adjustments.

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Avery Dennison to Acquire Smartrac's RFID Inlay Business

Avery Dennison Corporation announced a definitive agreement to acquire Smartrac's Transponder (RFID Inlay) Division, for the purchase price of €225 million, subject to certain closing and post-closing adjustments.

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Sonoco Products buys healthcare packaging medical device thermoformer for $187M

Sonoco announced it has signed a definitive agreement to acquire Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for approximately $187 million in cash.

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Ahlstrom-Munksjö to Sell Glass Fiber Reinforcement Business

Ahlstrom-Munksjö has agreed to sell its glass fiber reinforcement business in Mikkeli, Finland, to Vitrulan Composites Oy, a fully owned subsidiary of Vitrulan Group and part of the family-owned industrial holding ADCURAM Group.

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Weyerhaeuser completes sale of Michigan timberlands

Weyerhaeuser Company announced the completion of the sale of its Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for approximately $300 million in cash.

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Verso agrees to sell Jay, Stevens Point mills for $400 million to Pixelle

Pixelle Specialty Solutions has signed a definitive purchase agreement to acquire specialty paper mills in Jay ("Androscoggin"), ME and Stevens Point, WI from Verso Corporation.

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SIG to acquire Visy Cartons in Australia

SIG has reached agreement to acquire Visy Cartons Pty Ltd from VisyPak Operations Pty Ltd, a subsidiary of Pratt Consolidated Holdings Pty Ltd, for AU$70m (US$48.2m), subject to customary conditions being met.

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Flambeau River Papers in Park Falls sold to Niagara Worldwide

It's unclear how many jobs will be restored when Niagara Worldwide takes over.

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Conifex Timber completes the sale of Fort St. James sawmill in Canada

The consideration for the transaction, following certain customary adjustments, was approximately $38.6 million.

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Sappi successfully concludes its acquisition of the Matane Mill in Quebec Canada from Rayonier Advanced Materials

Sappi Limited announced that all conditions precedent relating to the acquisition of the Matane high yield hardwood pulp mill in Quebec Canada from Rayonier Advanced Materials (RYAM) have been fulfilled and closing has been completed.

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ArborGen Leases Brotale Nursery to Expand Brazil Operations

The nursery will produce 15 million eucalyptus seedlings, including genetically improved clonal material from Gerdau and International Paper do Brazil.

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Clock ticks down as Fort Frances reaches out for buyers for paper mill

The Town of Fort Frances faces a looming deadline while it works hard to find a buyer for the former Resolute paper mill.

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International Paper Completes the Sale of Its India-based Printing Paper Business

International Paper on 30 Oct. 2019 announced that it has completed the sale of its controlling interest (21,873,521 shares) in International Paper APPM Limited, an India-based printing paper business, to West Coast Paper Mills Limited for approximately $85 million.

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Stora Enso has Completed the Divestment of its Stake in the Dawang Paper Mill

After this transaction, Stora Enso has no paper production in China.

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Nippon Paper brings fight to Visy with $1.7 billion Orora acquisition

The deal is expected to be completed by March 2020, pending regulatory approvals.

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LP Announces New Investments in Prefinishing Capabilities

Louisiana-Pacific Corporation announced that it has acquired the prefinishing assets at a Granite City, Ill., prefinish facility near St. Louis owned by BlueLinx.

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Park Falls mill sale falls through, heading to liquidation market

The sale of the Park Falls Flambeau River Papers mill to newly formed company Element Ventures could not be finalized and the assets of the mill will now be marketed as a liquidation sale.

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Norkse Skog sells Australia mill to Visy

Norske Skog president and chief executive Sven Ombudstvedt announced the sale of the Albury mill to paper, packaging and recycling group Visy for $85 million.

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Rengo acquires Nishihara-Shigyo in Japan

Rengo Co., Ltd. has acquired 80% of shares with voting rights of Nishihara-Shigyo Co., Ltd. in Japan, making Nishihara-Shigyo a Rengo subsidiary.

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Management buyout saves Aberdeen paper mill

The management team of paper manufacturer Arjowiggins Creative Papers has announced the successful management buyout of its UK operations, protecting hundreds of jobs in Scotland and safeguarding Aberdeen's historic Stoneywood paper mill.

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Huhtamaki to expand to flexible packaging manufacturing in South Africa

Huhtamaki has entered into an agreement to acquire the majority of Everest Flexibles (Pty) Limited ("Everest"), a privately-owned flexible packaging manufacturer in South Africa.

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Huhtamaki adds manufacturing capacity in India to speed up growth

The acquisition allows Huhtamaki to speed up its growth in India by improving its capability to serve the customers in South India.

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Displaying Articles 1 - 25 of 62
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