Mergers & Acquisitions

MM Packaging Leeuwarden, based in the Netherlands, is known for producing folding cartons and maintains relationships with customers in both the Dutch and broader European markets.

The agreement enables Canfor Corporation to acquire all Canfor Pulp shares it does not already own. Shareholders will receive either 0.0425 Canfor Corporation shares or $0.50 in cash per Canfor Pulp share. Canfor Corporation currently owns 54.8% of Canfor Pulp's issued shares.

Metsä Board has signed an agreement to acquire the Winschoten Sheeting and Distribution Hub in the Netherlands from Konvertia Group. The transaction is expected to be completed in February 2026. The parties have mutually agreed not to disclose the acquisition price.

International Paper, a global leader in sustainable packaging solutions, has completed the sale of its Global Cellulose Fibers (GCF) business to funds affiliated with American Industrial Partners (AIP). As part of the sale agreement, AIP acquired the GCF business for $1.5 billion including the issuance to International Paper of preferred stock with an aggregate initial liquidation preference of $190 million.

The combined company will initially retain the Rayonier name and its common stock will trade on the New York Stock Exchange under the ticker symbol "RYN". The combined company intends to announce a new name and ticker symbol later in the first quarter of 2026.

Key milestone in creating a global health and wellness leader; Transaction expected to close in the second half of 2026.

Cascades Inc. announces that it has entered into an agreement with Crown Paper Group ("Crown") for the sale of its corrugated packaging plant located in Richmond, British Columbia, for a total value of $65.5 million, including the real estate assets and subject to working capital adjustments and the assumption of certain liabilities.

The Illinois-based corrugated converter offers custom boxes and point of purchase displays, strengthening SupplyOne's custom packaging solutions.

Arcadia Paper Mills has completed its purchase of the former Boise paper mill in St. Helens, Oregon, marking the start of its plan to return manufacturing to the city.

Boise Cascade Company announced that it has completed the previously announced acquisition of Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts.

Transaction is Expected to Close in Mid-2026

The acquired business operates 7 plants in central, northern and western Spain, has more than 150 employees and generates turnover of €33 million.

Canfor Corp currently owns approximately 54.8% of the issued and outstanding Canfor Pulp Shares.

ProAmpac, a global innovator in flexible packaging and material science, announced that it has signed a definitive agreement to acquire TC Transcontinental Packaging ("TCP") from TC Transcontinental for US$1.51 billion (approximately CAD$2.1 billion), subject to customary adjustments for debt and debt-like items, cash, and net working capital.

Atlas Holdings ("Atlas") completed the previously announced acquisition of The ODP Corporation ("ODP" or the "Company"), a leading provider of products, services and technology solutions to businesses and consumers, in an all-cash transaction valued at approximately $1 billion.

Boise Cascade has reached an agreement to purchase Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts, with $145 million in revenue over the last 12 months, according to Boise Cascade.

The sale of a defunct Prince Albert pulp and paper mill from Domtar to the Ontario-based BMI Group has ended plans to re-open the mill and sparked a search for industrial business tenants for the site.

Ennis, Inc. announced that it has acquired the assets of CFC Print & Mail ("CFC"), a wholesale provider of business‑document printing, mailing and commercial print solutions based in Grand Prairie, Texas.

German paper and packaging company Palm Group has taken a 50% interest in Power Packaging, which is based in the Czech Republic.

Clayton Dubilier & Rice is moving forward with a $4.5 billion leveraged loan to facilitate its acquisition of Sealed Air (SEE), as part of a $7.9 billion debt arrangement. This financing, one of the largest recent buyout deals, includes both USD and euro-denominated loans.

The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol. It would generate estimated 2025 annual net revenue of roughly $32 billion.

Sonoco said net proceeds will be applied towards repaying existing borrowings.

Essity has entered into an agreement to acquire Edgewell Personal Care's feminine care business, including the brands Carefree, Stayfree and o.b. in North America and Playtex globally. The purchase price for the assets amounts to USD 340m (approximately SEK 3.2bn) on a cash and debt-free basis.

PaperWorks Industries Inc., a leading North American producer of 100% recycled paperboard and folding carton packaging, announces the acquisition of Color Craft Graphic Arts ("Color Craft"). Founded in 1929 and based in Manitowoc, Wisconsin, Color Craft is a producer of packaging for food, beverage, and household goods.

Sealed Air Corporation, a leading global provider of food and protective packaging solutions, announced Nov. 17 that it has entered into a definitive agreement to be acquired by funds affiliated with CD&R, a leading private investment firm with deep experience in the industrial and packaging industries, in an all-cash transaction with an enterprise value of $10.3 billion.