Mergers & Acquisitions

Combined company offers greater choice, innovation and sustainability through strengthened product offering, manufacturing expertise, and R&D capabilities.

Mondi said the Schumacher Packaging transaction expands its footprint, noting that it complements its existing network of corrugated solutions plants across Central and Eastern Europe.

Proceeds Being Used to Reduce Approximately $1.5 Billion in Debt

The acquisition will add 480,000 metric tonnes per year of capacity to ITC's paperboards and specialty papers business, the company said.

As a result, the transaction is now expected to close on April 1, 2025.

The companies inked the merger agreement in mid-November 2024 and continue to expect transaction to close in the middle of calendar year 2025.

Six months after announcing an impending closure, Willamette Falls Paper Company is still seeking a buyer.

Koskisen Corporation has agreed to acquire the business operations of Iisveden Metsä Oy. Located in Suonenjoki, Iisveden Metsä is a company mainly owned by private individuals and it produces approximately 140,000 m3 of softwood lumber per year. Iisveden Metsä Oy was founded by local forest owners in 1924.

The European Commission has approved the acquisition of joint control of Novolex Holdings and Pactiv Evergreen by Apollo Capital Management, all three based in the United States, and Canada Pension Plan Investment Board ('CPP Investments'), based in Canada.

Metsä Group's parent company Metsäliitto Cooperative will sell its wood supply business in Latvia carried out by Metsä Forest Latvia SIA to Latvian company ACA Timber. The parties have also agreed long-term deliveries of pulpwood and chips to Metsä Group.

Amcor plc and Berry Global Group, Inc. announce that at their respective shareholder meetings, held yesterday, shareholders of both companies overwhelmingly voted to approve the combination of these two companies. This approval satisfies the shareholder vote condition for the combination, originally announced in November 2024.

Paper and packaging company Mondi notified the European Union's merger watchdog of its plan to buy Schumacher Packaging's western European assets for 634 million euros ($660.8 million).

Setra Group AB is considering selling its sawmill in Malå, Sweden, during 2025, aiming to strengthen its operations in central Sweden.

Norwegian company Norske Skog has accepted a $27 million offer by Melbourne businessman David Marriner for the mill at Boyer, on the edge of New Norfolk in Tasmania's Derwent Valley.

UPM Raflatac has acquired Metamark, a UK-based company to further accelerate its growth in Graphics business. UPM Raflatac's existing Graphics business complemented with Metamark will strengthen UPM Raflatac's overall competitiveness, bring major synergies and make UPM Raflatac a significant player in the fast-growing, high value-added Graphics segment. The Enterprise Value of the transaction is GBP 146 million (approx. EUR 175 million).

International Paper and DS Smith, two of the leading producers of sustainable packaging, containerboard and pulp products, combined forces on January 31, 2025 to create a new global leader in sustainable packaging solutions, focused on the attractive North American and EMEA regions.

International Paper announced the completion of its acquisition of DS Smith plc. The combined company creates a global leader in sustainable packaging solutions.

Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has completed the sale of Veritiv Containers, the company's rigid packaging business (formerly All American Containers) to TricorBraun.

Kelly Spicers, a leading West Coast distributor of paper, packaging, wide format products and facilities solutions, announced today that it has acquired Denver-based Creative Packaging Group, an independent packaging distributor with customers across the Rocky Mountain region.

Amcor and Berry Global have filed a definitive joint proxy statement with the US Securities and Exchange Commission (SEC).

The transaction is anticipated to close in the second quarter of 2025, pending foreign antitrust approvals and other customary conditions. Upon completion, Pactiv Evergreen will transition to a privately held company, delisting from Nasdaq.

RRD, a global provider of marketing, packaging, print and supply chain solutions, today announced that it has successfully closed on the strategic acquisition of Williams Lea, a provider of tech-enabled business services to financial, legal and professional services firms worldwide. The acquisition was first announced December 20, 2024.

Kimberly-Clark Corp.'s potential sale of its international tissue business has attracted interest from companies including Royal Golden Eagle Pte, Brazil's Suzano SA and Asia Pulp & Paper Co., according to people familiar with the situation.

Nordic Paper has entered into a new financing agreement as change-of-control provisions of the previous financing agreement were triggered when Strategic Value Partners, LLC, through Coniferous Bidco AB, reached a controlling shareholding in Nordic Paper in December 2024.

Transaction Represents 96th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products.