Mergers & Acquisitions

The agreed price for the company is US$40 million.

It was reported on Monday Mondi said it terminated a 95 billion rouble ($1.17 billion) deal to sell its largest plant in Russia to an investment vehicle owned by Russian billionaire Viktor Kharitonin due to a "lack of progress" in getting approvals.

UMC Print has been a leading trade-only printer and provider of commercial printing services since 1936.

Mercer to acquire substantially all of Structurlam's assets, including its state-of-the-art mass timber facility in Conway, Arkansas, cementing Mercer's position as a leading mass timber provider in North America.

Connecticut-based Atlas Holdings to close deal with Resolute on mill later this year.

Stylecraft is a trade only printer since 1967 specializing in business forms, integrated products and commercial printing.

Transaction Represents 64th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products.

Visy had acquired Zenexus, a privately owned supplier and distributor of moving and storage boxes, major brand hardware and retail products. It is one of the largest suppliers to Bunnings (Australia and New Zealand) and the deal will mean additional annual revenues of $170 million for Visy.

Dura-Fibre acquired Greif Chicago Converting and will move its manufacturing operations to Menasha, the company announced last week.

Unifor is concerned about the mill's wood supply, being 'carved away' when it it is sold to another operator.

Will provide Amcor with fully integrated, production-ready fresh protein packaging solution.

This acquisition represents a significant step forward on the German consumer brands market and also allows Sofidel to enter a new category, moist toilet tissue.

Structurlam Mass Timber Corporation, the leading mass timber manufacturer in North America, announced it has entered into a stalking horse asset purchase agreement (the "APA") with Mercer International Inc. to sell substantially all the Company's assets in British Columbia and Arkansas for US$60 million.

LP Building Solutions (LP) and Forex Inc. have entered into a definitive agreement under which LP will acquire the assets owned by Wawa OSB Inc., a subsidiary of Forex Inc.

Transactions Allow Iconex to Serve Liner-Free Customers with Best-in-Class, High-Performance Products.

The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso's annual newsprint paper capacity by 245,000 tonnes.

Sofidel, one of the world's leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, is pleased to announce that it has entered into an agreement with Hakle GmbH to acquire Hakle trademark and other brands.

Sappi Limited announced that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the "Transaction") has not materialised within the agreed timeframe of the contractual agreement and therefore the agreement has lapsed.

The transaction was completed for $72 million in cash.

Suzano reached a deal with Kimberly-Clark in October, saying at the time that the main asset included was a tissue production plant located in Sao Paulo state.

Following Russia's war of aggression in Ukraine, UPM announced in March 2022 suspension of its business activities in Russia, including deliveries, wood procurement and the Chudovo plywood mill.

Government of Russia approved the sale of International Paper's 50% stake in the Russian Ilim Group to the Swiss holding company Ilim SA (a joint venture that owns more than 96.37% of the shares of OAO Ilim Group), Ilim Group said in a statement.

The fate of Stoneywood paper mill remains unclear, with no new updates on potential talks of a new bidder for the site and the deadline for offers ending on February 21.

Smurfit Kappa Group plc announces that it has completed its exit from the Russian market. The Group announced its intention to exit the Russian market in an orderly manner on 1 April 2022 and subsequently entered into an agreement to sell its Russian operations to local management.

Twin Rivers Paper Company, a leading producer of specialty and kraft paper products, announced that it has finalized the sale of Plaster Rock Lumber Corporation, its softwood lumber mill in Plaster Rock, New Brunswick, to eastern Canadian lumber manufacturer and North American forest products leader Groupe Lebel. The sale advances Twin Rivers' strategy of investing in and growing its core business of specialty and kraft paper production.