Domtar will continue to serve pulp, paper, packaging, tissue and wood products markets, leveraging its expanded capabilities.
M&A
Over the next twelve months, Carter Lumber plans to invest heavily in Townsend’s current locations to expand capabilities and services for customers across southeastern Alabama and the Florida Panhandle.
Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group.
This development, together with the recent acquisition of IB Roofing in the US and its existing business, takes the Group’s annualised consolidated Roofing & Waterproofing revenues to approximately Euro 1 billion.
The company will operate under the new name Pagnoni DieffenbacherS.r.l. The acquisition includes the assets and expertise of the plant manufacturer and the four-person team led by Managing Director Michele Pagnoni.
With this acquisition, Ingka Group becomes the sole owner of Ikano Bank
Interfor Corporation announced plans to exit its operations in Québec, Canada.
HG Timber operates eight high speed automated and robotic production lines producing 2-way and 4-way pallets, with the capacity to manufacture in excess of 1.8 million timber products every year on a single shift basis.
Aspa pulp mill in Swden has an annual capacity of approximately 200,000 tonnes and 174 employees.
J-Pack provides various kinds of packaging services such as packing, warehousing, overseas moving, customs clearance, and logistics in Kanagawa and Chiba Prefectures, Japan.
The deal is valued at approximately $10 billion, though exact financial details may evolve as regulatory processes are completed.
The newly acquired distribution center spans over 6 acres and boasts a state-of-the-art 20,000 square foot warehouse.
The deal includes exclusive marketing and distribution rights for Xerox-branded paper and digital printing media in Eastern Europe, the Balkans, the Middle East, India and Africa.
This acquisition marks important step in Antalis’ expansion in the Iberian packaging market
The acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants. These operations complement Mondi’s existing network of corrugated plants across Central and Eastern Europe, adding over 1 billion square meters of capacity when fully operational.
Texas Tool Traders operates 14 locations statewide, supporting customers in the Austin, Dallas-Fort Worth, San Antonio and Houston metro areas.
The purchase price has not been disclosed.
Rengo acquires ISCC CORSIA Certification for NEDO-funded project implemented by Biomaterial in Tokyo
This is the first certification for a production site in Japan as part of the process involved in sustainable aviation fuel (SAF) production, and is a step toward establishing a production process for SAF that can be used as a CORSIA eligible fuel.
Founded in 1976, Douglas Lumber is a family owned and operated local company that distributes products in the Northeast U.S.
The acquisition of Pinetec will finalise on 1 November 2024, subject to all Completion Precedents being met.