Mergers & Acquisitions

ePost Global LLC, a tech-enabled global shipping solutions provider, announced it entered into a definitive agreement to acquire the International Mail and Parcel Logistics Business ("International Logistics") from R.R. Donnelley & Sons Company (RRD). ePost Global will continue to provide cost-effective, global delivery solutions to its clients.

CMPC, through its subsidiary CMPC Celulose Riograndense Ltda., entered into a purchase agreement with Florestas do Sul Agroflorestal Ltda. in relation to the equity interest issued by a newly incorporated subsidiary of Florestas do Sul Agroflorestal Ltda. that will own all the timber assets currently owned by Florestas do Sul Agroflorestal Ltda.

Klabin acquired the units producing corrugated board and paper for packaging from International Paper in Brazil in March.

VPK Group came to an agreement with COPI Holding to buy Encase Ltd, manufacturer and designer of corrugated cardboard packaging. Encase Ltd operates two integrated corrugated packaging plants in England and one sheet plant in Scotland. It is VPK's intention to merge Encase with its UK corrugated operations, formerly known as Rigid.

CREEL has completed the acquisition of the offset printing operations in Las Vegas known as Creel Printing from LSC Communications. The acquisition returns control of the offset business to the Creel family who founded it in the 1950s.

Hygiene and health company Essity divests its 49% stake in Sancella Tunisia to the other owner Sotupa. Sancella Tunisia offers a range of Essity's products and brands in Tunisia, Algeria, Morocco, and Libya. Essity will retain a presence on these markets through license and distribution agreements.

Lecta announces that today it has reached an agreement for the acquisition of Avery Dennison Offset Sheets business in the Europe - Middle East - North Africa (EMENA) region. The transaction is subject to competition approval from the German Federal Cartel Office.

International Paper announced that it completed the previously disclosed sale of its Brazilian corrugated packaging business to Klabin S.A. The business has three containerboard mills and four box plants.

The deal, expected to close in November, will see Spokane-based PotlatchDeltic sell the land to The Conservation Fund for $48 million.

Sonoco announced it has signed an agreement to sell its Europe contract packaging business to Prairie Industries Holdings, a Wisconsin-based contract packaging and contract manufacturing firm backed by The Halifax Group, a Washington, D.C.-based global investment firm, for $120 million in cash.

Holmen signed an agreement to purchase Martinsons over the summer and 1 October marked the formal change of ownership. To celebrate the occasion, a key handover ceremony took place at the sawmill in Bygdsiljum, which will now become one of the largest in the Holmen Group.

Commercial Development Company, Inc. (CDC) has acquired the former WestRock retired paper manufacturing facility in Newberg, Oregon. The site was acquired by CDC affiliate Newberg OR LLC. The transaction included the acquisition of real estate assets and a corporate indemnification for legacy environmental liabilities associated with the site. CDC and affiliates will now oversee the sale of equipment and demolition of the buildings.

A subsidiary of United States-based International Paper (IP) has filed a notice posted to a Turkish investment oversight agency website indicating it is considering options to sell the stake it holds in Turkey-based Olmuksan International Paper Ambalaj Sanayi ve Ticaret Anonim Şirketi. That company operates containerboard mills and downstream corrugating plants in Turkey.

The sale of Third Dimension, a 29-year-old packaging company, was officially announced to employees and the media during a press conference on Thursday morning, Oct. 1.

UFP Industries announced that its UFP Retail Solutions business segment acquired the equity of Fire Retardant Chemical Technologies, LLC (FRCT).

LSC Communications, Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has approved its previously announced stock and asset purchase agreement, under which an affiliate of Atlas Holdings LLC ("Atlas"") with the support of certain of LSC's secured creditors (the "Creditor Group"), will acquire substantially all of the Company's assets.

U.S. Senator Tammy Baldwin is urging the Verso Corporation to consider the impact of the sale of its Wisconsin Rapids mill on all the people in North Central Wisconsin, according to a news release.

Boise Cascade Company announced that it has completed the purchase of a new property with building structures in Gallatin, TN.

AMVIG is a Chinese tobacco packager.

A consortium including Bain Capital said on Thursday, Sept. 24 it was offering to buy specialty paper maker Ahlstrom-Munksjo Oyj in a deal valuing the Finnish firm at around 2.1 billion euros ($2.45 billion).

R.R. Donnelley & Sons Company announced that it has signed a definitive agreement to sell its DLS Worldwide Logistics business to TFI International for $225 million in cash, subject to a customary working capital adjustment.

Interfor announced that it has reached an agreement to sell its specialty sawmill located in Gilchrist, Oregon to Neiman Enterprises Inc.

SCA has signed an agreement to acquire forest land in Latvia. The acquisition comprises an area of 19,150 hectares, of which 13,100 is forest land. The purchase price is EUR 44.5m, approximately SEK 450m.

Kimberly-Clark Corporation announced the closing of its previously announced acquisition of Softex Indonesia, a leader in the fast-growing Indonesian personal care market.

CJK Group, Inc. announced that it has acquired content services business Cenveo Publisher Services and Cenveo Learning from Cenveo Worldwide Limited, and will be merging them with its own content business Sheridan Journal Services and hosting platform Sheridan PubFactory to form KnowledgeWorks Global Ltd. (KGL).