Mergers & Acquisitions

Avery Dennison Corporation, a leading global materials science and digital identification solutions company, announced it has completed the acquisition of the U.S.-based flooring adhesives business of Meridian Adhesives Group, a global adhesives manufacturer, for the purchase price of $390 million.

Södra has reached an agreement to divest its forest holdings in the Baltics to Ingka Investments, the investment arm of Ingka Group (the largest IKEA retailer).

BMI Group specializes in purchasing and redeveloping industrial properties for new purposes.

The acquisition includes Anchor Packaging's four manufacturing facilities in Jonesboro, Marmaduke and Paragould, Arkansas, and Janesville, Wisconsin, and the headquarters office in St. Louis, Missouri. Operated by approximately 1,250 employees, Anchor Packaging and its facilities now become a wholly owned subsidiary of Georgia-Pacific in the acquisition.

Weyerhaeuser Company reports it completed two timberland acquisitions valued at $459 million and advanced three divestitures of non-core properties totaling $410 million in expected proceeds. The company confirms the third divestiture will close in early 2026 and expects the total cash inflow from all sales to exceed the funds spent on the acquisitions.

On 27 August 2025, Spinnova Plc announced that it had signed binding agreements to acquire all shares of Woodspin Oy and Suzano Finland Oy from Suzano S.A. and take full ownership of the businesses. The transaction was subject to certain customary closing conditions which have now been fulfilled. The transaction was completed on 3 October 2025.

Cascades Inc. announces that it has reached an agreement to sell its Flexible Packaging plant activities to Five Star Holding ("Five Star") based in Houston, Texas. The $31 million transaction is effective immediately. Cascades' will retain ownership of the site real estate.

Pixelle is putting all $5.5 million it made from the sale into an account for local unions and workers who lost their jobs. $1 million will be distributed right away, with the rest coming after certain conditions are met.

The combined company will operate under a new name, to be announced prior to closing.

Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced that it has acquired Packaging Solutions which supplies custom packaging products and services throughout Southern California.

ProAmpac, a global leader in flexible packaging and material science, has acquired the bag converting operations of International Paper ("IP"), a global leader in sustainable packaging. The acquisition expands ProAmpac's converting capabilities, further advancing the company's Fiberization of Packaging® strategy and enhancing its ability to deliver customized bag solutions for the grocery, convenience store, and quick-service restaurant markets.

Södra has reached an agreement to divest its forest holdings in the Baltics to Ingka Investments, the investment arm of Ingka Group (the largest IKEA retailer).

Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced that it has acquired Subotnick Packaging, an Oregon-based distributor of packaging products and equipment serving the building materials, food, e-commerce, and transportation industries.

Strengthening Global Position in Waste Paper Recycling and Stock Preparation

Stora Enso has finalised the sale of approximately 175,000 hectares of forest land in Sweden, representing 12.4% of its total holdings in the country, for an enterprise value of SEK 9.8 billion, equivalent to Euro 900 million. The buyers include Soya Group, which acquires a 40.6% stake, and a consortium led by MEAG, the asset management arm of Munich Re, with a 44.4% stake. Stora Enso retains 15% ownership in the new structure.

The Molpus Woodlands Group, LLC (Molpus), a leading timberland investment management organization, has, on behalf of its clients, successfully purchased approximately 173,000 acres of timberland in Alabama, Louisiana, and Mississippi combined.

Ahlstrom, a global leader in sustainable fiber-based specialty materials, announces that it has completed the divestment of its abrasives business unit to Munksjö. The transaction marks a key step on Ahlstrom's transformation journey to become the preferred sustainable specialty materials company.

Greif, Inc., a global leader in industrial packaging products and services, announced that it has completed the previously announced sale of its timberlands business to Molpus Woodlands Group, on behalf of clients, for approximately $462 million after adjustments.

Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced that it has acquired the packaging distribution business of S. Walter Packaging Corp., a provider of custom packaging solutions serving retail, hospitality, food & beverage, and fashion markets.

Weyerhaeuser received approximately $60 million USD upon the sale of the lumber facility, with the remainder of the transaction proceeds to be received in conjunction with the transfer of the timber licenses.

Greif completed the divestiture of its containerboard business to Packaging Corporation of America for $1.8 billion in cash, the companies announced after markets closed Tuesday afternoon.

Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has signed a definitive agreement to sell its ThermoSafe business unit ("ThermoSafe"), which is one of the leading providers of temperature-assured packaging, to Arsenal Capital Partners ("Arsenal"), a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, for a total purchase price of up to $725 million.

Headquartered in St Louis, Missouri, Anchor Packaging has operated as a portfolio company of private equity firm TJC (formerly known as The Jordan Company) since 2019. The packaging company has operations in the states of Arkansas and Wisconsin.

Natural resources minister says existing Crown land leases not part of sales process.

Avery Dennison Corporation, a leading global materials science and digital identification solutions company, announced it has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group, a global adhesives manufacturer, for the purchase price of $390 million. The acquisition is subject to certain customary closing and post-closing adjustments.