Each issue of PaperMoney is approximately 500 fact filled pages.
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
My Profile
Management Side
Chile's Arauco Buys Rival Masisa's Facilities in Brazil

Santiago, Chile 11 September 2017 -- (From news reports) -- Chilean forestry company Arauco has reached an agreement to buy two wood panel plants in Brazil from competitor Masisa, in a deal worth $102.8 million, the company said.

Arauco, a division of industrial conglomerate Empresas Copec, is acquiring one plant in the state of Parana and another in Rio Grande do Sul, the company said in a note to Chilean regulators. The transaction makes Arauco the second largest producer of wood panels in the world and comes as Masisa carries out a divestment plan in Brazil, as well as Argentina and Mexico.

The deal comes a month after exclusive negotiations by Arauco to acquire Brazilian pulpmaker Eldorado J&F Investimentos SA failed over price disagreements.

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: