This acquisition marks the eighth company location in British Columbia and the second in Surrey.
M&A
Strengthening financial services for IKEA customers, the acquisition promises enhanced affordability and sustainability.
Essity has completed the divestment of its entire holding of 51.59% of shares in the Asian hygiene company Vinda International Holdings Limited for HKD 23.50 per share. The sales proceeds amounted to HKD 14.6 billion (approximately $1.8 billion).
The property will be repurposed over time into a multi-use industrial distribution and logistics hub focused on serving the region's energy, agricultural and forestry industries.
Billerud announced that it has reached terms with the Capital Recovery Group, LLC for the sale of the idled Wisconsin Rapids Mill and related assets.
UP Paper and ProAmpac, together will leverage combined fiber and film-based materials science expertise to create environmentally friendly flexible packaging products.
R.P. Lumber Co., Inc. has announced the acquisition of Golden Rule Lumber, a family-owned retailer of hardware, building and landscaping materials, and rental equipment located in Ottawa, Illinois.
With the addition of the two plants located in the towns of Salerno and Arzano, Hinojosa has entered the Italian market, one of the largest in the paper and cardboard sector in Europe.
Metsä Group halted operations at its Metsä Svir sawmill and ceased timber purchases in the country in March 2022 after Russian invasion of Ukraine.
As part of the agreement, Jamestown Container plans to operate the Midwest Box plant, and retain the General Manager, account managers, and customer service professionals responsible for these accounts, as well as several of the key operations and distribution personnel.
The transaction and related expenses were funded through a combination of newly issued senior unsecured notes and existing capacity under the company’s ABL facility.
Acadian Timber Corp. has closed on the acquisition of approximately 16,000 acres of commercial-quality timberlands in New Brunswick, Canada.
The addition of Russell Plywood geographically expands Würth’s core woodworking business in Pennsylvania, Delaware, and New Jersey.
Eastwood Forests closed their acquisition of approximately 20,580 acres of forestland in Virginia and West Virginia, adding to the Climate Smart Forestry Fund portfolio.
Elliott Baxter has acquired 100% of the shares. The acquisition will generate combined group turnover in Ireland of circa Euro 50 million.
The agreements should reduce company's debt by approximately $1 billion.
Nordic Paper decides to explore a potential sale of the Company in response to Shanying’s announced intention to divest its 48.16% stake.
Besse is North America's premier private producer of wood products, boasting 10 state-of-the-art manufacturing facilities.
The addition of Vivabox enhances Veritiv's existing capabilities in kitting and design for complex projects and brings significant experience with retail and luxury and premium consumer brand customers.
Cobleskill Value-Added currently employs 65 people, with an intention to grow the workforce in the coming years. Irving Forest Products will also be investigating opportunities to maximize mill capacity and eventually expand.