Mergers & Acquisitions

The acquisition will add 480,000 metric tonnes per year of capacity to ITC's paperboards and specialty papers business, the company said.

Proceeds Being Used to Reduce Approximately $1.5 Billion in Debt

Mondi said the Schumacher Packaging transaction expands its footprint, noting that it complements its existing network of corrugated solutions plants across Central and Eastern Europe.

Combined company offers greater choice, innovation and sustainability through strengthened product offering, manufacturing expertise, and R&D capabilities.

Pixelle Specialty Solutions has owned the mill since 2020. Previously, it was the Verso Paper Mill.

The acquisition of The Packaging Company (Midlands), which provides a range of packaging solutions, will allow Antalis to expand its packaging capabilities and diversify its product offerings.

The land was purchased from Rayonier, Inc, a timberland real estate investment trust which had owned the land for more than 80 years and used it for timber production.

BMI Group previously redeveloped the St. Mary's paper mill in Sault Ste. Marie.

Sofidel America Corp. will Serve as "Stalking Horse Bidder" in Court-Supervised Sale Process

The sale of these plants was agreed to with the European Commission as a remedy for IP's acquisition of DS Smith Plc, as published on the Commission's website on January 24, 2025. The conclusion of the divestment is subject to the European Commission's approval of the proposed purchaser.

Founded in 1966, Northeastern Envelope is a leading manufacturer to the trade of a wide of variety of envelopes. In addition to their custom converting and manufacturing, Northeastern inventories hundreds of double window and single window envelopes allowing for same day shipping.

As a result, the transaction is now expected to close on April 1, 2025.

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).