Smurfit WestRock will acquire Smurfit Kappa by means of a scheme of arrangement under the Companies Act 2014 of Ireland, and Sun Merger Sub, LLC, a wholly owned subsidiary of Smurfit WestRock, will merge with and into WestRock, with WestRock surviving the merger and becoming a wholly owned subsidiary of Smurfit WestRoc...

A portion of the term loan was utilized to repay and retire Conifex's existing lumber segment credit facility with Wells Fargo Capital Finance Corporation Canada in the amount of approximately $11 million. The balance of the Term Loan will be available for working capital and general corporate purposes.

Through the partnership Flootech will provide profound technical and commercial expertise to Valmet’s customers. The offering will include water treatment and recycling solutions, process water treatment, effluent treatment and reuse as well as sludge dewatering.

The production line for glued laminated timber (BSH) is expected to go into operation in September 2025. The first solid wood panels made of cross laminated timber – CLT for short – will be produced in Blumer Lehmann’s own wood industry gluing plant from around June 2026.