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Boise Cascade Reaches Agreement to Acquire Coastal Plywood Operations

Boise Cascade Company announced that it has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing locations, from Coastal Forest Resources Company for $512 million, subject to certain closing adjustments. The Company currently plans to fund the transaction and closing-related expenses from its existing cash balances.

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Kruger Inc. completes purchase of Kamloops pulp mill

The Kamloops facility, which manufactures northern bleached softwood kraft pulp (NBSK) and unbleached softwood kraft pulp, will continue to operate as usual, honouring all existing volume commitments and agreements with customers and suppliers. The Mill's 320 jobs will be maintained. In addition, Kruger intends to maintain ongoing initiatives to continue modernizing the Mill.

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PotlatchDeltic to Buy CatchMark For More Than $600 Million

Potlatchdeltic Corp., a real-estate investment trust focused on owning timberland, has agreed to buy rival CatchMark Timber Trust Inc. in an all-stock deal that values CatchMark at more than $600 million.

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UPM Raflatac accelerates its growth in label materials and enters new product segments by acquiring AMC AG

UPM Raflatac has signed an agreement to acquire AMC AG (Advanced Methods of Coating), a Germany-based company. This acquisition accelerates growth and expands the product offering of UPM Raflatac. Both parties have agreed not to disclose the purchase price or other transaction details. The transaction is expected to be closed latest in Q3, 2022. The closing of the acquisition is subject to regulatory approvals.

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Kimberly-Clark planning to sell tissue paper assets in Brazil, Latin America

Kimberly-Clark Corp is planning to sell its tissue paper assets in Brazil and Latin America, newspaper Valor Economico reported, saying the company is in talks with JPMorgan to reassess its business in the region.

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Lindsay Goldberg Completes Sale of Pixelle Specialty Solutions

Lindsay Goldberg, a leading private investment firm that focuses on partnering with families, founders, and management teams seeking to actively build their businesses, announced it has successfully completed the sale of Pixelle Specialty Solutions Holding LLC, a leading provider of fiber-based specialty solutions in North America. Terms of the transaction were not disclosed.

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SWM and Neenah Announce Executive Leadership Team and Operational Structure for Combined Company Post Close

As previously announced, Julie Schertell, President and Chief Executive Officer of Neenah, will serve as President, Chief Executive Officer, and a member of the Board of Directors.

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Stora Enso divests its packaging operations in Russia

Stora Enso has divested its three corrugated packaging plants in Russia. The Company's Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management.

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Bakelite Synthetics Completes Acquisition of Georgia-Pacific Chemicals

With this acquisition, and after over 100 years of development through legacy companies as a global phenolics leader, Bakelite Synthetics adds to its strong portfolio of products, brand and customers, as well as building on its growth strategy of delivering innovative solutions to customers in a sustainable manner.

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Weyerhaeuser Completes Acquisition of Timberlands in North and South Carolina

Weyerhaeuser Company announced the completion of its acquisition of 80,800 acres of high-quality timberlands in North and South Carolina from a fund managed by Campbell Global for approximately $265 million. The transaction was announced in April 2022.

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Liquidation firm purchases Luke paper mill

A date for auctioning the former Luke paper mill's assets has been set by Capital Recovery Group, the property's owner.

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Paper Excellence Announces Sale of the Domtar Kamloops Mill to Kruger

The Paper Excellence Group, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, announced its subsidiary, Domtar Inc., has entered into an agreement with an affiliate of Kruger Specialty Papers Holding L.P. to sell its Kamloops pulp mill for an undisclosed amount.

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Iconex Acquires Phoenix-Based Liberty Greenleaf

Iconex, the world's leading provider of highly differentiated label solutions and low-cost paper receipts, announced the acquisition of Liberty Greenleaf. Founded over three decades ago, Liberty Greenleaf is one of the premier manufacturers of point-of-sale (POS) and industrial packaging solutions, with operations in Phoenix, Arizona and Morristown, Tennessee.

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UFP Industries acquires Cedar Poly LLC

UFP Industries announced that its affiliate, Deckorators, Inc., acquired Cedar Poly LLC, for $17 million. The purchase price includes incentive payments of up to $1.5 million over three years if Cedar Poly meets certain performance goals.

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UPM sells the industrial site of Chapelle Darblay to the Community of Rouen

UPM had permanently ceased production and agreed a social plan for its employees at its Chapelle mill in Grand-Couronne, France already in June 2020.

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Stora Enso strengthens its presence in France and invests in French wood processing

Stora Enso invests in ACDF Industrie SAS and becomes a 35% shareholder of the French wood processing company. The investment is in line with Stora Enso's growth strategy for mass timber building elements, enabling value-added, bespoke CLT (cross-laminated timber) solutions to its long-term French partners.

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Smurfit Kappa acquires Atlas Packaging

Atlas Packaging, based in Barnstaple, North Devon, is a corrugated packaging provider with a strong market presence in shelf ready packaging, gift boxing and the e-commerce sector.

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Interfor Acquires Minority Interest in GreenFirst Forest Products Inc.

This acquisition was made for investment purposes and builds upon, and is complementary to, Interfor's recent expansion into Eastern Canada through the acquisition of EACOM Timber Corporation in February 2022.

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Veritiv Closes Sale of Canadian Operations to Imperial Dade

Veritiv Corporation, a full-service provider of business-to-business products, services, and solutions, announced that it has completed the sale of its Veritiv Canada, Inc. business to Imperial Dade. Effective today, Veritiv's approximately 900 employees in Canada are now employees of Imperial Dade.

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Ox Industries Acquires 150,000 Square Foot Facility in Hanover, PA

Ox Industries acquires a 150,000 square foot facility in Hanover, PA to expand its converting capacity in the Mid-Atlantic Region. The facility will house next-generation equipment and manufacturing practices and expand just in time stocking products and services.

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Rayonier Advanced Materials Announces Sale of GreenFirst Forest Products Inc. Shares

Rayonier Advanced Materials Inc. announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million. The agreement contains a Purchase Price Protection clause whereby the Company is entitled to participate in further stock price appreciation under certain circumstances and for a specified period.

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Weyerhaeuser to Acquire Timberlands in North and South Carolina

Weyerhaeuser Company announced an agreement to purchase 80,800 acres of high-quality timberlands in North and South Carolina from a fund managed by Campbell Global for approximately $265 million.

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Domtar Partners With Nature Conservancy of Canada to Establish Largest Private Land Conservation Agreement in Canadian History

Domtar has agreed to transfer ownership of the land to NCC for $7 million below its appraised value as a part of this partnership.

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Apollo Funds Complete Acquisition of Majority Stake in Novolex

Apollo announced that funds managed by Apollo affiliates have completed the acquisition of a majority stake in Novolex Holdings LLC, a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle. Carlyle will retain a minority stake in the Company.

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Mondi acquires production assets of Lafarge Cement Egypt to strengthen its position in the region

The acquired production lines will increase Mondi's capacity by around 150-180 million bags annually and strengthen Mondi's position in the Egyptian paper bag market.

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Displaying Articles 1 - 25 of 473
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