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Published in issue 28/2022
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A new forest products giant group is to be formed in North America as Paper Excellence, through its wholly owned subsidiary Domtar entered into a definitive agreement to acquire Resolute Forest Products. Accordingto Paper...
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Published in issue 14/2022
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The acquistion will accelerate Billerud Korsnäs' growth in North America. Verso common stock ceased trading on the New York Stock Exchange prior to the opening on 31 March, according to Billerud Korsnäs. Sweden’s packaging paper...
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Published in issue 51/2021
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Swedish board and packaging paper producer Billerud Korsnäs has announced its acquisition of US publication and fine paper producer Verso Corporation for a purchase price totalling around $825m. Following completion of the...
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Published in issue 45/2021
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US Verso Corporation is currently discussing with Atlas Holdings about a potential sale of the company to Atlas. Atlas Holding had presented an offer to acquire the paper manufacturer in July, offering $20 per Verso share. Verso...
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Newsprint production is planned to stop by 30 September this year. UPM announces that it has signed an agreement to sell its Shotton newsprint mill in the UK to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş.,...
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Published in issue 14/2021
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There is possibly a future for the idled Duluth printing and packaging paper mill of the Verso Corporation in the USA. US company ST Paper & Tissue has announced in an open letter that it will negotiate with Verso on acquiring the...
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Published in issue 13/2021
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UPM‘s Chapelle Darblay newsprint mill in France has been standing idle since last July but the local government still hopes that the site will be sold and rebuilt. A UPM spokesperson confirmed that there are still candidates...
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Published in issue 43/2020
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The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Burgo group by Quattro R and Holding Gruppo Marchi (‘HGM'). The transaction was examined under the simplified merger...
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€70m capital increase to reduce Burgo's debt and help the group to complete the restructuring plan initiated in 2015. Italy's private equity firm Quattro R has reached an agreement to acquire a controlling stake in Burgo group in...
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Published in issue 32/2020
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Spanish newsprint producer Papresa is being acquired by investment company Quantum Capital Partners. A Quantum spokesperson confirmed to EUWID that the purchase agreement with the previous owner – US investment fund KKR – was...
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