Mergers & Acquisitions

As part of Antalis' drive to broaden its product portfolio and strengthen its presence in the visual communication market in France, the distributor has acquired Poitoo Adhésifs.

Four separate transactions comprising ~91,000 acres in Oklahoma and ~109,000 acres in Washington.

Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024.

Transformation of Non-Core "Corporate Orphan" into Strong, Standalone Business Creates Excellent Outcome for Iconex Associates and Atlas Investors.

The transaction covers the entire operations of the German company in Poland.

Veritiv Operating Company, a leader in specialty packaging distribution, announced today that it has acquired substantially all the assets of PAX Global, a distributor and converter of custom packaging products with annual revenues of approximately $45 million.

Stora Enso has signed an agreement to divest its real estate of the Sunila site in Kotka, Finland, to AALTO Development Oy. AALTO Development is a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning.

The forest industry company Stora Enso aims to sell its forest assets at least at the book value, writes Dagens industri (Di), which has taken part of information.

Quad/Graphics, Inc., a global marketing experience (MX) company, announced that it has entered into a definitive agreement to sell the majority of its European operations for €41 million (approximately $45 million) to Germany-based entrepreneurial private capital investment manager Capmont GmbH.

Interfor Corp. is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.

Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group.

Stora Enso secures wood supply for its Oulu packaging board site by acquiring Finnish sawmill company Junnikkala Oy. The acquisition, valued up to Euro 137 million, aims to ensure cost-efficient wood sourcing and bolster Stora Enso's wood products segment. Closing conditions include regulatory approvals, with completion expected by mid-2025.

Completion of the Sale Accelerates Transformation into a Premier Independent Supplier of Paperboard to North American Converters and Significantly Reduces the Company's Net Debt.

Antalis, a European leader in the distribution of Papers, Packaging and Visual Communication, has signed a binding agreement to acquire the assets of Xerox's EMEA paper business. Xerox distributes office paper and digital printing products in more than 40 countries in Eastern Europe, the Balkans, the Middle East, India and Africa.

J-Pack provides various kinds of packaging services such as packing, warehousing, overseas moving, customs clearance, and logistics in Kanagawa and Chiba Prefectures.

Nordic Paper's board recommends shareholders not to accept the offer. The share is currently trading at SEK 50.60, which is higher than the offer of SEK 50.

Antalis has signed a binding agreement to acquire Plaesa in Spain, a specialist of technical packaging and conversion of made-to-measure packaging solutions.

Softys S.A., a subsidiary of Empresas CMPC S.A. (CMPC), has signed an agreement with Ontex Hygienic Spain S.L., a unit of the Belgian Ontex Group, to purchase all shares of Falcon Distribuição Armazenamento e Transporte S.A. (Falcon), a Brazilian company specializing in baby diapers and adult incontinence products.

A potential deal could value the business at about $4 billion.

Suzano, the world's largest pulp producer, has completed the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All conditions for completing the agreement announced in July have been fulfilled.

Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale.

Mondi said these operations complement its existing network of corrugated plants across Central and Eastern Europe. The acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants.

International Paper and DS Smith continue to expect the Combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions.

Ahlstrom, a leader in sustainable fiber-based specialty materials, has signed an agreement to divest its Aspa pulp mill in Sweden to Sweden Timber. The agreement includes the pulp mill and all its operations. This is a key step in Ahlstrom's growth transformation journey, reinforcing the company's strategic commitment to sustainable specialty materials.

In May, Pactiv Evergreen agreed to exclusively negotiate with Spirtas Worldwide, a company specializing in repurposing closed paper mills and other industrial sites. While it was estimated negotiations could take up to a year, it appears the details were worked out in four months.