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Clayton, Dubilier & Rice ("CD&R") announced a definitive agreement under which CD&R funds will acquire and combine Fort Dearborn and Multi-Color Corporation ("MCC"), to create the world's largest label solutions company serving customers worldwide. The CD&R funds are acquiring Fort Dearborn and MCC from global private equity investors Advent International and Platinum Equity, respectively. Terms of the transaction were not disclosed.

Smurfit Kappa said the deal represents an important milestone for the company as it strengthens its participation in the paper packaging solutions business in Mexico, while it also sees the company expand its presence to four folding carton locations in the country.

Cascades Inc. is pleased to announce that it has entered into an agreement with an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, "Apollo") to sell its 57.6% equity interest in Reno De Medici S.p.A. ("Reno de Medici", or "RDM") for an all-cash price of €1.45 per share, corresponding to a total net cash consideration of approximately €315.3 million (approximately CAN$461 million).

The new 375,000-square-foot facility will be called Roanoke Valley Lumber and will be located on approximately 200 acres of land in Halifax County. Construction on the state-of-the-art sawmill is expected to begin in the first quarter of 2022, with startup scheduled for later that year. Roanoke Valley Lumber will be one of the highest-capacity sawmills on the East Coast, capable of producing as many as 400 million board feet of dimensional lumber per year.

Neenah, Inc. announced a number of operational changes consistent with the Company's commitment to accelerating growth, strengthening margins, and creating value for customers and shareholders.