Mergers & Acquisitions

Metsä Group's parent company Metsäliitto Cooperative will sell its wood supply business in Latvia carried out by Metsä Forest Latvia SIA to Latvian company ACA Timber. The parties have also agreed long-term deliveries of pulpwood and chips to Metsä Group.

The European Commission has approved the acquisition of joint control of Novolex Holdings and Pactiv Evergreen by Apollo Capital Management, all three based in the United States, and Canada Pension Plan Investment Board ('CPP Investments'), based in Canada.

Koskisen Corporation has agreed to acquire the business operations of Iisveden Metsä Oy. Located in Suonenjoki, Iisveden Metsä is a company mainly owned by private individuals and it produces approximately 140,000 m3 of softwood lumber per year. Iisveden Metsä Oy was founded by local forest owners in 1924.

Six months after announcing an impending closure, Willamette Falls Paper Company is still seeking a buyer.

The companies inked the merger agreement in mid-November 2024 and continue to expect transaction to close in the middle of calendar year 2025.

Paper and packaging company Mondi notified the European Union's merger watchdog of its plan to buy Schumacher Packaging's western European assets for 634 million euros ($660.8 million).

Amcor plc and Berry Global Group, Inc. announce that at their respective shareholder meetings, held yesterday, shareholders of both companies overwhelmingly voted to approve the combination of these two companies. This approval satisfies the shareholder vote condition for the combination, originally announced in November 2024.

UPM Raflatac has acquired Metamark, a UK-based company to further accelerate its growth in Graphics business. UPM Raflatac's existing Graphics business complemented with Metamark will strengthen UPM Raflatac's overall competitiveness, bring major synergies and make UPM Raflatac a significant player in the fast-growing, high value-added Graphics segment. The Enterprise Value of the transaction is GBP 146 million (approx. EUR 175 million).

Norwegian company Norske Skog has accepted a $27 million offer by Melbourne businessman David Marriner for the mill at Boyer, on the edge of New Norfolk in Tasmania's Derwent Valley.

Setra Group AB is considering selling its sawmill in Malå, Sweden, during 2025, aiming to strengthen its operations in central Sweden.

RRD, a global provider of marketing, packaging, print and supply chain solutions, today announced that it has successfully closed on the strategic acquisition of Williams Lea, a provider of tech-enabled business services to financial, legal and professional services firms worldwide. The acquisition was first announced December 20, 2024.

The transaction is anticipated to close in the second quarter of 2025, pending foreign antitrust approvals and other customary conditions. Upon completion, Pactiv Evergreen will transition to a privately held company, delisting from Nasdaq.

Amcor and Berry Global have filed a definitive joint proxy statement with the US Securities and Exchange Commission (SEC).

Kelly Spicers, a leading West Coast distributor of paper, packaging, wide format products and facilities solutions, announced today that it has acquired Denver-based Creative Packaging Group, an independent packaging distributor with customers across the Rocky Mountain region.

Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has completed the sale of Veritiv Containers, the company's rigid packaging business (formerly All American Containers) to TricorBraun.

International Paper announced the completion of its acquisition of DS Smith plc. The combined company creates a global leader in sustainable packaging solutions.

International Paper and DS Smith, two of the leading producers of sustainable packaging, containerboard and pulp products, combined forces on January 31, 2025 to create a new global leader in sustainable packaging solutions, focused on the attractive North American and EMEA regions.

C&L was founded in 1975 and acquired by Henry and Blythe Bowman in 1996. When acquired, C&L had 10 employees and revenue of less than $1 million. Under Henry's leadership, C&L expanded its operations, adding machinery and other facilities. Today, C&L employs approximately 115 people and serves customers within a 150-mile radius.

Södra has decided to divest its forest holdings and related activities in the Baltics as part of its strategy to focus on members' forests and maximize value for these estates. The decision involves approximately 153 thousand hectares of land, mainly located in Latvia, with the remainder in Estonia.

The business provides engineering, supply chain, kitting and assembly, automation, digital and logistics solutions that help customers reduce total costs, improve their sustainability footprint, mitigate risk, and grow sales.

Interfor announced that it has completed the previously announced divestiture of its operations in Québec, Canada to Les Chantiers de Chibougamau Ltée.

The Day Street Mill operated for 122 years before being shutdown in 2023. Now, Georgia-Pacific is deciding what to do next with the supercentenarian property.

Transaction Represents 96th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products.

Nordic Paper has entered into a new financing agreement as change-of-control provisions of the previous financing agreement were triggered when Strategic Value Partners, LLC, through Coniferous Bidco AB, reached a controlling shareholding in Nordic Paper in December 2024.

Kimberly-Clark Corp.'s potential sale of its international tissue business has attracted interest from companies including Royal Golden Eagle Pte, Brazil's Suzano SA and Asia Pulp & Paper Co., according to people familiar with the situation.