Mergers & Acquisitions

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.

In connection with the closing of the Arrangement, the Canfor Pulp Shares are expected to be delisted from the Toronto Stock Exchange as of the close of market on March 18, 2026, and Canfor Corp intends to cause Canfor Pulp to apply for an order to cease to be a reporting issuer under applicable Canadian securities laws.

According to River Development Equities, it plans to revitalize the paper mill and several surrounding properties, including the former Liberty Steel Mill, into a mixed-use space. It would have hospitality, residential, industrial, and commercial uses.

Norsk Nukleær Dekommisjonering has agreed to acquire certain properties at the Norske Skog Saugbrugs industrial site in Halden, a transaction valued at approximately NOK 720 million ($74 million) net.

Rayonier announced that it will maintain the Rayonier name after a thorough review of alternatives following its recent merger of equals with PotlatchDeltic, while also introducing a new corporate logo that reflects a fresh brand identity for the combined company.

Smurfit Westrock, the world's largest integrated paper-based packaging company, with operations in 40 countries across Latin America, North America, EMEA & APAC, has completed an asset purchase agreement of Cartomanabí, one of the main corrugated packaging companies in Ecuador.

The company said the special resolution approving the arrangement received support from 96.02% of shareholders voting at a special meeting, and 84.42% of votes excluding those of the purchaser and its affiliates.

Södra has reached an agreement to divest its shares in Sunpine AB to VAROPreem. The transaction is pursued together with shareholders Sveaskog AB and Lawter B.V., a subsidiary of Harima Chemicals Inc., and is now undergoing the necessary approvals before it can be completed.

Western Forest Products Inc. and Qwoqwnes Forestry Holdings Limited Partnership, an entity beneficially owned and controlled by Tla'amin Nation ("Qwoqwnes"), have reached an agreement for the purchase by Qwoqwnes of a 100% ownership interest in the assets comprising Western's Stillwater Forest Operation, located near Powell River, British Columbia ("BC"), for an aggregate purchase price of $80.0 million (the "Transaction").

Metsä Board has completed the acquisition of the Winschoten Sheeting and Distribution Hub in the Netherlands from Konvertia Group. The acquisition, signing of which was announced on 23 January 2026, strengthens Metsä Board's sheeting capacity and service capabilities in the European market.