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Paper Excellence Group and Resolute Forest Products to Sell Thunder Bay Pulp & Paper Mill

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Paper Excellence’s wholly-owned subsidiary Domtar Corporation had signed a contract with Resolute, a global forest products company, to acquire all of the outstanding common shares of Resolute stock. November 1, 2022 The Paper Excellence Group and Resolute Forest Products Inc. have expressed their intention to sell Resolute’s Thunder Bay pulp......
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Kimberly-Clark to Divest Its Tissue Business in Brazil to Suzano

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The acquisition of Kimberly-Clark’s tissue assets will increase Suzano’s Brazilian tissue operations to a manufacturing capacity of around 280,000 TPA. October 28, 2022 Kimberly-Clark has decided to divest its tissue paper operations in Brazil. Suzano SA, the Brazilian pulp maker, has signed a deal to acquire the tissue assets. In......
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Smurfit Kappa Acquires a Packaging Plant in Brazil

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The acquisition of PaperBox expands both Smurfit Kappa’s presence in Brazil as well as its product portfolio. September 21, 2022 Smurfit Kappa, one of the world’s leading suppliers of paper-based packaging, has signed an agreement to acquire PaperBox, a packaging plant located in Saquarema, 70 km east of Rio de......
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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......