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BillerudKorsnäs completes the Acquisition of Verso

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With the acquisition of Verso, BillerudKorsnäs is strengthening its strategy to achieve profitability and sustainable growth, and boosting its presence in North America. April 11, 2022 Sweden-based BillerudKorsnäs has completed the acquisition of Verso Corporation for about USD 825 million in a cash deal. Ohio, USA-based Verso Corporation is a......
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Valmet continues to strengthen its stable business by acquiring Coldwater

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Coldwater is the global leader for suction roll seals and plastic dewatering elements and a leading provider of consumables and services to the pulp and paper industry. March 2, 2022 Valmet has acquired North America-based Coldwater Seals, Inc., a global provider of consumables and services to the pulp and paper......
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Mayr-Melnhof Holz acquires Bergkvist Siljan

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After the acquisition, Mayr-Melnhof Holz will grow its lumber production capacity by about 50 percent to more than 2.7 million m3 of sawn timber annually. February 22, 2022 Austria-headquartered Mayr-Melnhof Holz has got the necessary approval from the competition authorities regarding the acquisition of the Swedish sawmill Group Bergkvist Siljan. The......
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Billerudkorsnäs to Acquire Verso Corporation for USD 825 Million

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BillerudKorsnäs is aiming to convert Verso’s Escanaba Paper Mill into a world-class, sustainable, and fully integrated paperboard production site where one machine is estimated to be converted by 2025 and another by 2029. The total investment for the conversion project will be about USD 1 billion. December 21, 2021 Verso......
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IBS Paper Performance Group Acquires Further Specialist for Metering Systems

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V.I.T. PapierMaschinen-Service GmbH is responsible for service and customer care for products of the V.I.T. Papertec AG in Europe. Post-acquisition, the independence of both companies will be retained – as will the well-established brand names, the team, and the know-how.  December 21, 2021 The international technology group IBS Paper Performance......
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Parksons Packaging Acquires Manohar Packaging

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The acquisition is intended to strengthen Parksons’ presence in the food and beverage segment in North and West India. November 29, 2021 Parksons Packaging has announced that it has acquired a 100 percent stake in folding carton manufacturer Manohar Packaging for an undisclosed amount. Manohar Packaging has a strong presence......
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Smurfit Kappa Acquires a 600,000 Tonne Containerboard Mill in Northern Italy

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Verzuolo mill owned by the Burgo Group is situated optimally close to SKG’s Southern European corrugated facilities. This strengthens SKG’s integrated operating model and it also supports the Group’s sustainability ambitions. October 12, 2021 Smurfit Kappa Group (SKG) has now completed the acquisition of Verzuolo at a price of around......
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Saica Announces Investment of USD 800 Million to Accelerate US Growth Plans

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Saica is currently building its first production site in the US: the corrugated plant in Hamilton, Ohio, is scheduled to open in early 2022. September 10, 2021 Spain’s paper and packaging group Saica is set for further growth on the US market. The company has announced that it would invest......
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Mayr-Melnhof M Group Completes Acquisition of Kotkamills

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The acquisition will strengthen the position of MM Kotkamills in the virgin fiberboard segment. With this undertaking, the company has forayed into the growing cupstock market and saturating kraft paper in which Kotkamills is one of the global leaders. August 04, 2021 The Mayr-Melnhof Group (MM) has acquired Kotkamills Group......
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Smurfit Kappa to Acquire 600,000 Tonnes Recycled Containerboard Mill

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The acquisition will complement significant corrugated growth opportunities including sustainable packaging. July 28, 2021 Smurfit Kappa Group plc (“SKG” or the “Group”) has agreed to acquire Verzuolo, a containerboard business in Northern Italy, for a cash consideration of EUR 360 million. The Verzuolo mill owned by the Burgo Group is......