Spicers Limited enters into a Scheme Implementation Deed with Kokusai Pulp & Paper Co., Ltd. (“KPP”), under which KPP would acquire all of the shares in Spicers pursuant to a Scheme of Arrangement.

Kokusai Pulp & Paper to acquire Spicers

Australia-based paper distributor Spicers Limited enters into a Scheme Implementation Deed with Kokusai Pulp & Paper Co., Ltd. (“KPP”), under which KPP would acquire all of the shares in Spicers pursuant to a Scheme of Arrangement.

Spicers is a dynamic and solutions-focused distribution business with an extensive network across Australia, New Zealand and Asia.