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Displaying Articles 1 - 25 of 217
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Sappi Maastricht sells southwestern part of the industrial estate in the Netherlands

Sappi Maastricht and the Belvédère Wijkontwikkelingsmaatschappij (Neighborhood Development Company, WOM) of the Municipality of Maastricht, the Netherlands, have signed an agreement that will finalize the sale of the southwestern part of the Maastricht paper mill site to the WOM.

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EUR 2.1 billion takeover bid for all Ahlstrom-Munksjö shares nearing completion

US investment company Bain Capital announced as early as last September together with Ahlström Capital, Viknum and Belgrano Inversiones, a EUR 2.1 billion takeover bid for all Ahlstrom-Munksjö shares.

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Domtar Corporation Announces Sale of Personal Care Business to American Industrial Partners for $920 Million

Domtar Corporation announced that it has entered into a definitive agreement to sell its Personal Care business to American Industrial Partners (AIP) for $920 million.

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GP Announces Sale of Nonwovens Business to Glatfelter

GP reached an agreement to sell the company's nonwovens business to Glatfelter, a leading global supplier of engineered materials, headquartered in Charlotte, North Carolina, for $175 million. The sale must still go through customary closing conditions and regulatory clearances from competition authorities.

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Second potential buyer submits bid for Ponderay Newsprint in Usk, Washington

A second potential buyer has come forward within the past couple days for the mothballed Ponderay Newsprint Co. mill near Usk.

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New York investment firm takes over Gorham mill

New York-based Behrens Investment Group has taken ownership of the bankrupt Gorham Paper and Tissue, the company previously owned by Lynn Tilton and her Patriarch Partners investment firm.

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International Paper to sell Turkish corrugated packaging operations to Mondi

International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately €66 million.

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Ennis Will Acquire Assets of Infoseal

Ennis, Inc. announced that one of its wholly owned subsidiaries has entered into a Letter of Intent to acquire the assets and assume some liabilities of Infoseal LLC in Roanoke, Virginia.

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Watermill Group acquires Weston Forest

Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, announced it has been acquired by the Watermill Group, a strategy-driven private investment firm.

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Avery Dennison Acquires ACPO Ltd.

Avery Dennison announced that it has acquired the business of Ohio-based ACPO Ltd. for the purchase price of $87.6 million, subject to certain post-closing adjustments. ACPO is a leader in pressure-sensitive overlaminate products for the label and flexible packaging markets and has approximately 170 employees.

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The sale of a 30 percent stake in the Husum pulp mill to Norra Skog has been completed

Metsä Board, part of Metsä Group, announced on 1 December 2020 that it had signed an agreement to sell a 30 percent stake in its Husum pulp mill in Sweden to the Swedish forest owners' cooperative (ekonomisk förening) Norra Skog.

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UPM Biochemicals grows lignin business with new Domtar supply agreement

UPM and the US-based pulp and paper producer Domtar Paper Company LLC have signed an agreement for UPM to acquire the total annual kraft lignin production of Domtar's Plymouth Mill in North Carolina, USA as of January 2021. This step enables UPM to expand its role in the growing lignin business and different application segments.

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Some Hope Remains For Future of Verso Paper Mill in Wisconsin Rapids

Talks to save the mill took a turn for the worse back in late October when Verso said they would suspend the effort to sell the mill due to the current economic climate. That led to outrage from local and state lawmakers.

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Novolex Aquires B&H Bag Company

Novolex®, an industry leader in packaging choice, innovation and sustainability, announced it has acquired the business of B&H Bag Company, a leading manufacturer of paper bags and other products. The B&H business will be a part of the Novolex Duro Bag® business, strengthening Duro's customer service through increased production capacity. The family-owned company has one manufacturing plant, located outside of Houston, Texas.

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Stora Enso divests non-core forest holdings in southern Sweden

As part of its forest land optimisation, Stora Enso has signed an agreement to divest forest assets located in southern Sweden to the forestry fund Silvestica Green Forest AB. The total area of forest land in the transaction is approximately 5 200 hectares. The selling price is approximately SEK 940 million (EUR 90 million).

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Södra to divest Trivselhus to Svensk Husproduktion

Södra is divesting Trivselhus AB to housing supplier Svensk Husproduktion. The takeover date is 1 March 2021.

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Consultant's contract extended in effort to help broker sale of Duluth, Minn. Verso paper mill

Duluth will retain the services of a consulting firm at least a while longer in hopes that it can find a new owner for the Verso paper mill, which has been idled since summer.

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UFP Industries, Inc. closes on purchase of PalletOne

UFP Industries, Inc. announced that UFP Industrial, LLC, closed on its agreement to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million.

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West Fraser and Norbord Announce Mailing of Circulars for Special Meetings of Shareholders

West Fraser Timber Co. Ltd. and Norbord Inc. jointly announced that West Fraser's management information circular and Norbord's management proxy circular (together, the "Circulars"), prepared in connection with the previously announced arrangement whereby West Fraser will acquire all outstanding common shares of Norbord (the "Norbord Shares") pursuant to a plan of arrangement (the "Arrangement") under Section 192 of the Canada Business Corporations Act, are expected to be mailed to their respective shareholders by December 24, 2020.

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RRD Responds to Recent Rumors Regarding Its Asia Pacific Business

R.R. Donnelley & Sons Company, a leading global provider of marketing and business communications, issued the following statement in response to a recent article regarding the potential sale of its Asia Pacific business.

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UFP Industries to acquire PalletOne

UFP Industries announced that its Board of Directors approved an agreement for UFP Industrial, LLC, to purchase 100% of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free, debt-free balance sheet. UFP also agreed to pay $18 million for PalletOne's recent capital expenditures.

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Mayr-Melnhof Karton acquires Kotkamills

The Mayr-Melnhof Group has reached an agreement to acquire Kotkamills Group Oyj ("Kotkamills") from the previous owners for an enterprise value of around EUR 425 million.

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Want to buy a mill? Former Ponderay Newsprint Co. mill listed for sale at $11.5 million

The former Ponderay Newsprint Co. mill in Usk has been listed for sale at $11.5 million, following the facility's Chapter 7 bankruptcy filing and closure in June.

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Atlas Holdings wraps up its acquisition of almost all of the assets of LSC Communications

Atlas Holdings announced that it has completed its acquisition of substantially all of the assets of LSC Communications, Inc., a North American leader in print and digital media solutions.

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Metsä Board to release capital from its pulp business and to focus on growth in paperboard

Metsä Board, part of Metsä Group, has on 1 December 2020 signed an agreement to sell a 30 percent stake in its Husum pulp mill in Sweden. The buyer is the Swedish forest owners' cooperative (ekonomisk förening) Norra Skog, with whom Metsä Forest Sverige, responsible for Metsä Board's wood procurement in Sweden, has simultaneously entered into a long-term wood supply agreement.

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Displaying Articles 1 - 25 of 217
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