Papermart

Tag : Acquisition

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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......
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Valmet Completes Acquisitions of EWK Umwelttechnik and ECP Group

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EWK Umwelttechnik and ECP Group will be included in Valmet’s financial reporting for the first time in Valmet’s third quarter financial reporting 2021. July 2, 2021 Valmet has completed the acquisition of EWK Umwelttechnik GmbH and ECP Group Oy following the agreements that were announced on June 10. Watch: Paper Mart......
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Smurfit Kappa Acquires Peruvian Packaging Firm for Undisclosed Sum

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Smurfit Kappa said the acquisition will open opportunities for it to enhance the business through improved operating systems, procurement arrangements and design and innovation capability. June 4, 2021 Smurfit Kappa has completed the acquisition of Cartones del Pacifico, a leading paper-based packaging company in Peru, for an undisclosed amount. Watch: Paper......
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Mondi completes Acquisition of Turkish Packaging Group Olmuksan

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Mondi will also launch a mandatory tender offer to acquire the remaining 9.62% of outstanding shares in the company that it does not already own. May 31, 2021 Mondi has announced that it had completed its planned acquisition of Turkish corrugated packaging group Olmuksan International Paper Ambalaj Sanayi ve Ticaret......