Acquisitions, Mergers and Takeovers – Wood Markets News

17 hours ago

Norske Skog appoints Evercore Partners International LLP to act as its financial adviser

Norske Skog AS has appointed Evercore Partners International LLP (Evercore) to act as its financial adviser in connection with a sale of Norske Skog AS and its subsidiaries (the Norske Skog group's operating businesses) by way of a competitive sale process which will commence imminently. A range of ...
18 hours ago

UPM concludes the sale of its hydro power facilities to erdgas schwaben in Germany

UPM concluded the sale of its hydro power facilities in Schongau and Ettringen, Germany to erdgas schwaben gmbh, a regional energy company located in Augsburg, with the effective date on 31 December 2017.The erdgas schwaben gmbh is a major energy supplier and producer of biogas energy in the region ...
December 12, 2017

WestRock to acquire Plymouth Packaging

WestRock Company has entered into agreements to acquire substantially all of the assets of Plymouth Packaging, Inc. (“Plymouth”), as the company said in the press release received by Lesprom Network. Plymouth is a corrugated packaging company that derives approximately 70% of its sales f...
December 11, 2017

Crane Co. to acquire Crane Currency for $800 million

Crane Co. has signed an agreement to purchase 100% of the equity interests in Crane & Co., Inc. ("Crane Currency") from private equity firm Lindsay Goldberg, members of the Crane family, and other shareholders, for $800 million on a cash free and debt free basis.Crane Currency is expected to hav...
December 7, 2017

Home Factories, Inc. acquires Moehl Millwork

Home Factories, Inc., a wholly owned subsidiary of Building Material Distributors, Inc. (BMD), has acquired Moehl Millwork, Inc.“Moehl has created a strong brand name and reputation for exceptional service. We think the Moehl team will be a great addition to our employee owned culture,” said Jeffrey...
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