Mergers & Acquisitions

The sale of these plants was agreed to with the European Commission as a remedy for IP's acquisition of DS Smith Plc, as published on the Commission's website on January 24, 2025. The conclusion of the divestment is subject to the European Commission's approval of the proposed purchaser.

Founded in 1966, Northeastern Envelope is a leading manufacturer to the trade of a wide of variety of envelopes. In addition to their custom converting and manufacturing, Northeastern inventories hundreds of double window and single window envelopes allowing for same day shipping.

Norske Skog sold its Boyer mill in Australia to Boyer Capital, ensuring local ownership and future development.

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

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.

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.

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.

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.

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.

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.

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

Proceeds Being Used to Reduce Approximately $1.5 Billion in Debt

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.

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

Pixelle Specialty Solutions has owned the mill since 2020. Previously, it was the Verso Paper Mill.

The acquisition of The Packaging Company (Midlands), which provides a range of packaging solutions, will allow Antalis to expand its packaging capabilities and diversify its product offerings.

The land was purchased from Rayonier, Inc, a timberland real estate investment trust which had owned the land for more than 80 years and used it for timber production.

BMI Group previously redeveloped the St. Mary's paper mill in Sault Ste. Marie.

Sofidel America Corp. will Serve as "Stalking Horse Bidder" in Court-Supervised Sale Process

The sale of these plants was agreed to with the European Commission as a remedy for IP's acquisition of DS Smith Plc, as published on the Commission's website on January 24, 2025. The conclusion of the divestment is subject to the European Commission's approval of the proposed purchaser.

Founded in 1966, Northeastern Envelope is a leading manufacturer to the trade of a wide of variety of envelopes. In addition to their custom converting and manufacturing, Northeastern inventories hundreds of double window and single window envelopes allowing for same day shipping.

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

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.

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.

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.