Catalyst Paper Corp. completes acquisition of Biron and Rumford paper mills

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Catalyst Paper Corp has announced that it has completed the acquisition of the Biron paper mill located in Wisconsin and the Rumford pulp and paper mill located in Maine from NewPage Corp., NewPage Wisconsin System INc., and Rumford Paper Company.

The cash payment made on closing was US$62.4m.

With the acquisition of the two paper mills, Catalyst becomes a larger and stronger company with five facilities across North America and an estimated production capacity of 1.9 million tonnes of paper and 450.000 tonnes of pulp.

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