Mergers & Acquisitions

Saica Group is very pleased to announce that the EU Commission has approved the acquisition of Thimm Group plants in Germany, Poland, the Czech Republic and Romania as of 24 July 2026. That includes all activities in these four countries: nine corrugated board plants in Alzey (Germany), Wolnzach (Germany), Eberswalde (Germany), Castrop-Rauxel (Germany), Northeim (Germany), Tychy (Poland), Skarbimierz (Poland), Všetaty (Czech Republic) and Sibiu (Romania) and one preprint facility in Ilsenburg (Germany).

Dunapack Packaging Hellas, part of the Austrian Prinzhorn Group, has entered into an agreement to take over El Pack's corrugated packaging operations. The transaction comprises the sites in Patras, Kapandriti and Thiva in Greece. With around 250 employees, a turnover of approximately 43 million euros was achieved in 2025.

Södra has been a co-owner of SunPine AB since 2008, with the aim of driving the development and market for renewable products based on tall oil, an important part of making more from every tree and thereby increasing the profitability of family forestry.

Completion of the acquisition brings Molpus Woodlands Group into Gresham House's global forestry platform, creating one of the world's largest timberland investment managers.

PinkWood will retain its name and operate as a wholly owned subsidiary of Canfor.

Founded in 1998 and headquartered in Jesup, Georgia, EAM (www.eam-corp.com) is a leading developer and manufacturer of nonwoven airlaid and laminated absorbent materials used in feminine hygiene, adult incontinence, baby diaper, medical, industrial and food packaging applications.

IP expanding capabilities to serve the growing West Coast region. 

Located in Calgary, AB, PinkWood has 120 employees, with production capacity of 46 million linear feet. 

Acquisition includes approximately 90,000-acre U.S. timberland portfolio.

UFP Industries announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer headquartered in Coatesville, Pa., for approximately $48 million. The transaction fills a key gap in PalletOne, Inc.'s geographic reach and strengthens UFP Packaging's ability to serve national customers with a presence in the northeast region.

The transactions further advance UFP Industries' capital allocation strategy, which prioritizes investments in core, higher-margin businesses, disciplined M&A, and the expansion of manufacturing capacity in markets that support national customers across packaging and industrial end uses.

Domtar said in a statement that it is exploring a variety of possibilities for the future of the waterfront site, and North Cowichan Mayor Rob Douglas said a number of interested parties have contacted the municipality directly looking to buy the site for a range of potential uses, including manufacturing, energy production, and other industrial purposes.

Twin Rivers Paper Company has acquired Potsdam Specialty Paper Inc. (PSPI), a manufacturer of specialty latex, acrylic and saturated base papers, in a move that adds 26,000 tons of annual production capacity.

The 1.2-million-hectare entity is set to become Europe's largest listed forest company.

Marcal Paper has acquired the St. Catharines Tissue Mill in St. Catharines, Ontario, Canada, from BiOrigin Specialty Products. The mill, founded in 1912, produces TAD parent rolls for premium paper towel and bath tissue products alongside a range of specialty paper grades. Financial terms of the transaction were not disclosed.

The ‌deal ⁠is also being investigated by the UK watchdog.

The acquisitions deepen Veritiv's presence in Central Florida and strengthen its penetration in underrepresented Northeast markets, expanding the company's packaging capabilities and regional customer coverage.

UPM on May 13 announces that it has reached an agreement with Avantium N.V. to acquire the intellectual property related to Avantium's Ray Technology®, a process for the production of bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant-based sugars.

With a capacity production of 1.200 million square meters of corrugated board packaging, THIMM employs 2,500 people in Germany, Poland, Czech Republic and Romania.

Stora Enso Oyj has entered into an agreement with Prinzhorn to sell three box plants in Germany with 240 million cubic meters of corrugated capacity, approximately 125,000 tonnes.

Based on the strategic review, the Board of Directors of UPM has approved a demerger plan concerning a partial demerger of UPM. According to the demerger plan, UPM will demerge so that all assets and liabilities of UPM relating to the UPM Plywood business area, or mainly serving the UPM Plywood business area, are transferred to WISA Group Plc ("WISA Group"), a company to be established in the demerger (the "Demerger").

UFP Industries announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million.

Sealed Air is now a privately held company and its shares have ceased trading on the New York Stock Exchange.

The transaction remains on track to close in the second half of 2026, subject to the receipt of regulatory approvals and satisfaction of other remaining customary closing conditions.

IP expanding capabilities to serve the growing West Coast region.