M&A

Aurora Energy Solutions, LLC acquired Superior Pellet Fuels. Aurora Energy Solutions plans to invest in new infrastructure that will make operations more efficient and provide greater quality control.

Maibec acquires CanExel

Maibec officially acquires the CanExel brand and its production facility located in East River, Nova Scotia, Canada. Both the brand and the facility have been owned by LP Building Solutions for over 20 years. CanExel will now be sold under the name Maibec CanExel.

Enviva Partners, LP has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia from Innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina.

Japan Pulp & Paper Co., Ltd. announces the adoption of a resolution at a Board of Directors meeting held formally approving the additional acquisition of the remaining outstanding issued shares in Radms Paper Ltd. (RADMS), making it a wholy-owned subsidiary of the company.

Valmet has agreed to acquire 22,374,869 shares in the future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes. The transaction between Valmet and Solidium is expected to take place on July 1, 2020.

Bergs Timber signed an agreement with Vida Aktiebolag on the sale of Bergs’s Swedish sawmill business. The transaction encompasses the sawmills in Orrefors, Vimmerby and Mörlunda, and is scheduled to be concluded on 1 September 2020.

The Chubb Charitable Foundation announced a $500,000 commitment to Rainforest Trust, a global conservation organization that purchases and protects the most threatened tropical forests, saving endangered wildlife and sequestering carbon through partnerships and community engagement.

Professional Builders Supply, LLC has acquired a majority interest in SouthEnd Exteriors, Inc. Jamie Oliver and Ryan Roberts, the owners of SouthEnd, will continue to lead and manage the operation under the SouthEnd Exteriors name.

VPK Group and Viallon Emballage agreed on a merger, strategically expanding VPK's network towards the French region of Auvergne-Rhône-Alpes, and broadening its range of corrugated packaging products and services.

VPK announces a renewed shareholdership for corrugated sheets supplier CorrBoard, located in Scunthorpe, UK. Through a 50% share, VPK becomes major shareholder of the consortium. The new shareholder structure aims to bring added financial security to the company as well as an ambitious investment strategy going forward...