Mergers & Acquisitions

Rayonier Inc. announced the completion of the previously announced sale of entities holding its 77% interest in the New Zealand joint venture to a special purpose vehicle owned by an investment fund managed by The Rohatyn Group ("TRG"), a global asset manager specializing in emerging markets and real assets, for a purchase price of $710 million.<

International Paper, a global leader in sustainable packaging, today announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition of DS Smith Plc.

Domtar and Cranberry Business Park Ltd. come to terms over Catalyst Paper Tis'kwat mill site.

Ahlstrom, a leader in sustainable fiber-based specialty materials, today announces that it has received a binding offer for its Abrasives business unit from Munksjö, a leading international manufacturer of decor paper solutions.

An official with International Paper told state and local leaders Monday that the company has decided to forego hiring a commercial broker and will instead handle the sale of its Georgetown mill internally.

The acquisition, completed through the newly formed subsidiary, Barnwell Tissue Solutions, is ST's third tissue facility and brings the company's total annual production capacity to 220,000 tons. The expansion strengthens ST's position as a premier supplier of high-quality parent rolls for bathroom tissue, paper towels, and napkins across North America.

The agreement was announced on April 9. All necessary approval and closing procedures and conditions have been satisfied. With four new facilities, Sofidel further strengthens its production footprint in the North American market, which today accounts for 50% of the Group's total revenue.

Antalis signs a binding agreement to acquire Club Groupe, a recognized French player in the Visual Communication sector, thereby strengthening its strategic position in the national market.

A possible write down will affect Spinnova's results negatively in 2025. Spinnova has not given financial guidance for 2025.

Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex tissue maker said.

The divestment of Metsä Group's parent company Metsäliitto Cooperative's wood supply business in Latvia to ACA Timber has been completed. The seller is Metsä Forest Latvia SIA, a subsidiary fully owned by Metsäliitto Cooperative. On 3 March 2025, Metsä Group announced the divestment of its wood supply business in Latvia, which at the time still required approval by the Latvian Competition Authority.

Ahlstrom is retaining all 260 employees at the Stevens Point facility, according to Tricia Schwartz, the company's communication manager for North America.

Capitalizing on unique off-market opportunity to further enhance Southern Timberlands portfolio with highly productive and strategically located acreage.

Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion or US$1.02 billion.

Agreement with local buyer includes manufacturing facility and associated timber licenses in British Columbia.

Sofidel raised acquisition bid from $126 million to $180 million; Kimberly-Clark named back-up bidder for Royal Paper assets

Smurfit Westrock says it intends to prepare its closing St. Paul paper recycling facility site for sale and redevelopment "as soon as possible" following a planned closure this summer.

Operations generated $2.8bn in 2024 in three countries with eight mills and two conversion facilities.

Södra has reached an agreement with Robert Jan de Waard and Ronald Rijswijk to acquire all shares in the Dutch company Smartt Timber BV.

Ahlstrom, a Finnish company which owns the longtime Thilmany mill in Kaukauna, said its planned acquisition of Pixelle's Stevens Point facility will complement its food packaging business and strengthen its position in the U.S. market.

Creates broader more complete portfolio with scale and global breadth, brings together material science and innovation capabilities required to revolutionize product development, enhances positions in attractive categories.

Stora Enso has completed the acquisition of the Finnish sawmill company Junnikkala Oy, announced in October 2024. The acquired sawmills will be integrated with Stora Enso's packaging board site in Oulu, Finland, and secure a cost-efficient wood supply to the site, where a new packaging board machine recently started ramping up production.

Huhtamaki has acquired Zellwin Farms, a privately-owned business located in Zellwood, Florida in the United States. The $18 million enterprise value transaction will support Huhtamaki's growth within the molded fiber industry, specifically for egg cartons and egg flats.

Rengo Co., Ltd. announces that it has invested in KINKI DANBORU CO., LTD. through third-party allocation and acquired a 28.6% share of the company.

Southeast Asia's Royal Golden Eagle (RGE) and Asia Pulp & Paper Co (APP), as well as Brazil's Suzano SA are the final bidders for Kimberly-Clark's international tissue business valued at around $4 billion, four people said.