M&A

The Mayr-Melnhof Group (MM) has completed the acquisition of Kotkamills, Finland, which was agreed in December 2020, after receiving approval from all relevant competition authorities. Mayr-Melnhof strengthens its position in virgin-fiber based cartonboard and innovative barrier cartonboard solutions for plastic replac...

Stockholders of Domtar Corporation approved a proposal to adopt a business combination with Paper Excellence B.V. whereby Karta Halten B.V., an affiliate of Paper Excellence, will acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share in cash pursuant to an agreement and plan of me...

Accsys is investing in increasing its Accoya Color production capability by acquiring Euro 1.2 million of assets and equipment from former UK-based modified wood producer Lignia Wood Company Limited and its administrators.

BillerudKorsnäs is in a process with the aim of divesting the paper mill in Beetham, UK. Beetham produces kraft paper for packaging of medical equipment, food packaging and other types of industrial applications and has a capacity of around 45,000 tonnes per year.

Hardwoods Distribution Inc. (“HDI”) has, through its subsidiary, entered into an agreement to purchase Novo Building Products Holdings, LLC from an affiliate of Blue Wolf Capital Partners for a total price of $303 million.

48forty Solutions has acquired Oregon Pallet Repair, Inc, Bailey Pallet, LLC, and Oregon Wood Fibre Recycling, LLC. Headquartered in Salem, Oregon, Oregon Pallet is a provider of recycled wood pallets and pallet services.

Herman Miller, Inc. and Knoll, Inc. announced that, at their respective special meetings Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller.

Carbotech acquires Autolog

Carbotech Group has announced its acquisition of Autolog, a company specializing in wood processing optimization and automation. Thanks to Autolog’s optimization and automation services, the company will now be able to provide an even greater range of solutions.

Platinum Equity has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion.

Woodgrain has purchased Lowe’s TN Millwork door shop in White House, Tennessee. With the new acquisition, Woodgrain will supply Lowe’s stores with Reliabuilt interior and Therma Tru Benchmark exterior doors across the Southeast and Mid Atlantic.

Smurfit Kappa Group has completed the acquisition of Cartonbox in Monterrey, Mexico. The acquisition strengthens its participation in the paper packaging solutions business in Mexico, expands its footprint to four folding carton locations in the country.

US LBM has completed the acquisition of American Construction Source from Angeles Equity Partners and Clearlake Capital Group. US LBM has now made four acquisitions in July, also adding Brand Vaughan Lumber Company in the Atlanta metro area, Home Center Supply located outside of Phoenix, and completing the previously a...