Mergers & Acquisitions

Wynnchurch Capital, L.P., a leading middle market private equity firm, announced that it has acquired the thermal coating business assets of Appvion Holding Corp. and its subsidiaries. Founded in 1907 and headquartered in Appleton, Wisconsin, Appvion is a leading provider of specialty and high-performance direct thermal coatings for label and film solutions as well as renewable, fiber-based consumer and industrial packaging solutions.

CMPC says it will purchase the forest and industrial assets of the pulp, paper and sack businesses of Iguaçu Celulose, Papel S.A., located in the States of Paraná and Santa Catarina of Brazil.

SWM International has finalized the sale of its former Spotswood, New Jersey facility to an undisclosed buyer, with net proceeds of approximately $35 million.

R.R. Donnelley & Sons Company (RRD) Tuesday said it has agreed to be acquired by affiliates of Chatham Asset Management, LLC, a private investment firm, in an all-cash transaction with a total enterprise value of around $2.3 billion and total equity value of about $897 million. The company said it has terminated its previously announced merger deal with affiliates of Atlas Holdings LLC.

Canfor Corporation is announcing that it has entered into an agreement with Millar Western Forest Products Ltd. to acquire the company's solid wood operations and associated tenure for $420 million, including $56 million in working capital.

Closing of the transaction is expected to take place on 31 December 2021.

Interfor and the Simpcw First Nation have completed the first direct transfer of a forest tenure to a B.C. First Nation since the introduction of the provincial government's Bill 22.

Interfor and the Simpcw First Nation have completed the first direct transfer of a forest tenure to a B.C. First Nation since the introduction of the provincial government's Bill 22.

Domtar will operate as a stand-alone business entity within the Paper Excellence Group, with Domtar's current CEO and management team remaining in place. There are no further changes to operating locations, business plans, or Domtar's employee base at this time.

Paper Excellence B.V. and Domtar Corporation jointly announced that they have received Canadian Competition Act approval for their business combination whereby Karta Halten B.V., an affiliate of Paper Excellence, will acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share in cash pursuant to an agreement and plan of merger dated May 10, 2021 (the "Merger").

UFP Industries announced that its affiliate, UFP Global Holdings Ltd., has acquired 70 percent of the equity in Ficus Pax Private Limited (Ficus Pax), a leading producer of industrial packaging in India, for approximately $13.5 million USD.

Interfor announced that it has reached an agreement with an affiliate of Kelso & Company ("Kelso") to acquire 100% of the equity interests of EACOM Timber Corporation ("EACOM").

Since early summer the community of Park Falls has been hoping for a boost from the state of Wisconsin that would enable the city's shuttered paper mill to hang on, find new owners and reopen.

As part of Georgia-Pacific's commitment to maximizing long-term value for our customers and the company, GP has agreed to sell its chemicals business to Bakelite Synthetics.

Chatham Asset Management on Monday raised its offer for RR Donnelley & Sons Co to $10.25 per share, hours after the printing company reaffirmed that it was sticking to a merger with investment firm Atlas Holdings.

In October 2021, West Fraser has entered into an agreement to acquire the Angelina Forest Products lumber mill for approximately $300 million, subject to certain post-closing adjustments.

Last month, R.R. Donnelley said it agreed to sell itself to private-equity firm Atlas for $8.52 per share in cash.

Sustana is a leading manufacturer of specialty recycled fiber and sustainable packaging and paper products.

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of The Box Pack Trust, operating as Boxpack Packaging (Boxpack). This transaction adds a full complement of high-value cardboard packaging products to the industrial packaging products offered by UBEECO and expands the customer base of both companies throughout Australia.

Sonoco announced it has acquired the assets of D&W Paper Tubes, Inc., a Chatsworth, GA-based manufacturer of sustainable industrial paper tubes and cores.

BillerudKorsnäs has agreed with the British investment firm Inspirit regarding the divestment of the Beetham mill. The transaction has been completed. The purchase price corresponds to an equity value of around SEK 30 million.

R.R. Donnelley & Sons Company announced that it has entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings LLC ("Atlas"), which operates a global family of manufacturing and distribution businesses, in an all-cash transaction with a total enterprise value of approximately $2.1 billion.

Graphic Packaging announced its intent to acquire AR Packaging Group AB on May 14, 2021.

Clayton, Dubilier & Rice completed the previously announced combination of Fort Dearborn Company and Multi-Color Corporation, creating the world's largest prime label supplier by revenues. Terms of the transaction were not disclosed.

Chatham offered to buy Donnelley for $7.50 a share in October, but Atlas Holdings has since offered to buy the company for $8.52 a share.