Mergers & Acquisitions

Ahlstrom, a global leader in fiber-based specialty materials, has acquired ErtelAlsop, a New York based manufacturer of high-performance liquid depth filter media serving end-markets in the pharmaceutical, food & beverage, flavors and fragrances, and chemical industries.

The background is that the former main shareholder, Chinese Shanying International Holding, wanted to sell its holding in Nordic Paper and therefore presented SVP as a buyer.

The deal represents a 32.4% premium to Pactiv's closing price on Dec. 2, a day before it was first reported that Novolex was considering purchasing the company.

Veritiv Operating Company, a leader in specialty packaging distribution, announced today that it has signed a definitive purchase agreement to sell Veritiv Containers, the company's rigid packaging business (formerly All American Containers) to TricorBraun.

The sale comprises Orora Packaging Solutions (OPS), which has almost 70 distribution and manufacturing facilities, and approximately 3,000 employees.

After concluding this transaction, Canfor owns 77% of VIDA AB.

KCL is pleased to announce the acquisition of advanced biocomposite manufacturing equipment from UPM, which announced in August that it is withdrawing from the production of biocomposite products. This strategic purchase will enable KCL to commence the production of innovative biocomposite materials, enhancing our service business and supporting our commitment to sustainability.

Lecta has announced the spin-off of its self-adhesives business unit from Torraspapel S.A.U. This spin-off will be effective as of January 1, 2025.

Switzerland-based Amcor Plc on Tuesday agreed to buy U.S. peer Berry Global for $8.43 billion in stock, creating a company with a strong presence across the consumer and healthcare packaging markets.

Jackson Wijaya currently owns dozens of pulp and paper mills across Canada, the U.S., Brazil and Europe under the Domtar Group -- formally known as Paper Excellence until it rebranded last month. Wijaya's intention to take direct control over Asia Pulp & Paper (APP), an Indonesian and Chinese-based multinational currently owned by his father, was confirmed in an official notice from the European Commission.

Opposition MPs are expressing concern that after buying up two major Canadian companies, the foreign owner of one of Canada's biggest forestry businesses is now also formally taking over an Indonesian-Chinese pulp and paper conglomerate from his family -- a company he has long denied operating in tandem with.

U.S.-based International Paper's 5.8-billion-pound ($7.29 billion) bid for British packaging firm DS Smith will be decided by EU antitrust regulators by Jan. 10, a European Commission filing showed on Tuesday.

Magnera is formed from the spinoff and merger of Berry's HHNF Business with Glatfelter.

As part of Antalis' drive to broaden its product portfolio and strengthen its presence in the visual communication market in France, the distributor has acquired Poitoo Adhésifs.

Four separate transactions comprising ~91,000 acres in Oklahoma and ~109,000 acres in Washington.

Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024.

Transformation of Non-Core "Corporate Orphan" into Strong, Standalone Business Creates Excellent Outcome for Iconex Associates and Atlas Investors.

The transaction covers the entire operations of the German company in Poland.

Veritiv Operating Company, a leader in specialty packaging distribution, announced today that it has acquired substantially all the assets of PAX Global, a distributor and converter of custom packaging products with annual revenues of approximately $45 million.

Stora Enso has signed an agreement to divest its real estate of the Sunila site in Kotka, Finland, to AALTO Development Oy. AALTO Development is a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning.

The forest industry company Stora Enso aims to sell its forest assets at least at the book value, writes Dagens industri (Di), which has taken part of information.

Quad/Graphics, Inc., a global marketing experience (MX) company, announced that it has entered into a definitive agreement to sell the majority of its European operations for €41 million (approximately $45 million) to Germany-based entrepreneurial private capital investment manager Capmont GmbH.

Interfor Corp. is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.

Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group.

Stora Enso secures wood supply for its Oulu packaging board site by acquiring Finnish sawmill company Junnikkala Oy. The acquisition, valued up to Euro 137 million, aims to ensure cost-efficient wood sourcing and bolster Stora Enso's wood products segment. Closing conditions include regulatory approvals, with completion expected by mid-2025.