Mergers & Acquisitions

Dura-Fibre acquired Greif Chicago Converting and will move its manufacturing operations to Menasha, the company announced last week.

Unifor is concerned about the mill's wood supply, being 'carved away' when it it is sold to another operator.

Will provide Amcor with fully integrated, production-ready fresh protein packaging solution.

This acquisition represents a significant step forward on the German consumer brands market and also allows Sofidel to enter a new category, moist toilet tissue.

Structurlam Mass Timber Corporation, the leading mass timber manufacturer in North America, announced it has entered into a stalking horse asset purchase agreement (the "APA") with Mercer International Inc. to sell substantially all the Company's assets in British Columbia and Arkansas for US$60 million.

LP Building Solutions (LP) and Forex Inc. have entered into a definitive agreement under which LP will acquire the assets owned by Wawa OSB Inc., a subsidiary of Forex Inc.

Transactions Allow Iconex to Serve Liner-Free Customers with Best-in-Class, High-Performance Products.

The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso's annual newsprint paper capacity by 245,000 tonnes.

Sofidel, one of the world's leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, is pleased to announce that it has entered into an agreement with Hakle GmbH to acquire Hakle trademark and other brands.

Sappi Limited announced that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the "Transaction") has not materialised within the agreed timeframe of the contractual agreement and therefore the agreement has lapsed.

The transaction was completed for $72 million in cash.

Suzano reached a deal with Kimberly-Clark in October, saying at the time that the main asset included was a tissue production plant located in Sao Paulo state.

Following Russia's war of aggression in Ukraine, UPM announced in March 2022 suspension of its business activities in Russia, including deliveries, wood procurement and the Chudovo plywood mill.

Government of Russia approved the sale of International Paper's 50% stake in the Russian Ilim Group to the Swiss holding company Ilim SA (a joint venture that owns more than 96.37% of the shares of OAO Ilim Group), Ilim Group said in a statement.

The fate of Stoneywood paper mill remains unclear, with no new updates on potential talks of a new bidder for the site and the deadline for offers ending on February 21.

Smurfit Kappa Group plc announces that it has completed its exit from the Russian market. The Group announced its intention to exit the Russian market in an orderly manner on 1 April 2022 and subsequently entered into an agreement to sell its Russian operations to local management.

Twin Rivers Paper Company, a leading producer of specialty and kraft paper products, announced that it has finalized the sale of Plaster Rock Lumber Corporation, its softwood lumber mill in Plaster Rock, New Brunswick, to eastern Canadian lumber manufacturer and North American forest products leader Groupe Lebel. The sale advances Twin Rivers' strategy of investing in and growing its core business of specialty and kraft paper production.

Stora Enso has completed the divestment of its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group. The divestment announced on 13 September 2022 was completed today after regulatory approvals. The enterprise value of the transaction is approximately EUR 210 million.

Nitto Danboru is a corrugated packaging manufacturer established in 1966. Based in Okegawa-shi, Saitama Prefecture, Japan, it has built a strong customer base focusing on the area.

The Paper Excellence Group, through its wholly-owned subsidiary Domtar Corporation, on April 1 announced the successful closing of its previously announced acquisition of Resolute Forest Products Inc.

First Quality has made clear to Domtar its commitment to the Dryden Mill, its employees and the surrounding community and that First Quality fully intends to continue business operations consistent with past practices.

R.R. Donnelley & Sons Company ("RRD"), a global provider of marketing, packaging, print and supply chain solutions, announced that it has entered into a share purchase agreement with DATA Communications Management Corp., a provider of marketing and business communication solutions. Under the terms of the Purchase Agreement DCM will acquire RRD's Canadian operations.

HTP employs more than 130 people and is today one of the largest importers and distributors of foodservice packaging in Australia serving a wide network of customers including metropolitan and regional packaging wholesalers, food wholesalers, club and hospitality suppliers, and national quick service restaurant businesses.

Mill Rock Packaging Partners LLC ("Mill Rock Packaging") announced that it has acquired Keystone Paper & Box Company ("Keystone"), a leading specialty packaging company that manufactures custom folding cartons for consumer and healthcare end markets.

Iconex, the world's leading provider of highly differentiated label solutions and low-cost paper receipts, announced the acquisition of Graphic Controls Transactional Media's Point-of-Sale Rolls division. Graphic Controls, based in Buffalo, N.Y., is a subsidiary of Nissha Co. Ltd.