Mergers & Acquisitions

Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced that it has acquired the packaging distribution business of S. Walter Packaging Corp., a provider of custom packaging solutions serving retail, hospitality, food & beverage, and fashion markets.

Weyerhaeuser received approximately $60 million USD upon the sale of the lumber facility, with the remainder of the transaction proceeds to be received in conjunction with the transfer of the timber licenses.

Greif completed the divestiture of its containerboard business to Packaging Corporation of America for $1.8 billion in cash, the companies announced after markets closed Tuesday afternoon.

Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has signed a definitive agreement to sell its ThermoSafe business unit ("ThermoSafe"), which is one of the leading providers of temperature-assured packaging, to Arsenal Capital Partners ("Arsenal"), a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, for a total purchase price of up to $725 million.

Headquartered in St Louis, Missouri, Anchor Packaging has operated as a portfolio company of private equity firm TJC (formerly known as The Jordan Company) since 2019. The packaging company has operations in the states of Arkansas and Wisconsin.

Natural resources minister says existing Crown land leases not part of sales process.

Avery Dennison Corporation, a leading global materials science and digital identification solutions company, announced it has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group, a global adhesives manufacturer, for the purchase price of $390 million. The acquisition is subject to certain customary closing and post-closing adjustments.

Bid from Ontario-based Macer Forest Holdings would leave nothing for cleanup costs.

The company has yet to submit a reclamation plan to the Nova Scotia government.

This transaction, which includes over 173,000 acres of timberlands across the Southeastern United States, follows Greif's previously announced intent to divest the business as part of its strategic portfolio optimization. The deal is expected to close shortly before or after the Company's fiscal year end, subject to customary closing conditions.

Bain Capital is evaluating strategic options for Ahlstrom, the Finnish specialty materials manufacturer, including a potential sale or initial public offering that could value the business at up to €8bn, according to a report by Bloomberg citing sources familiar with the matter.

Nova Scotia's minister of natural resources says it's 'not the outcome we had hoped for'

Canfor Corporation announced that its 77%-owned subsidiary, Vida AB, has entered into an agreement to purchase AB Karl Hedin Sågverk from Mattsbo Såg AB and certain minority shareholders for a purchase price of $164 million (1.15 billion Swedish Krona), including working capital of approximately $39 million.

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.

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

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.

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.<

Packaging Corporation of America on July 1 announced that it has entered into a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The transaction is expected to close by the end of PCA's third quarter, subject to certain customary conditions and regulatory approvals.

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.

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.

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 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.

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.

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

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.