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The purchase price amounts to USD 116m (approximately SEK 1.1bn) with a potential additional earnout amount of USD 15m (approximately SEK 137m) on a cash and debt free basis.
UFP Industries announced that its subsidiary, Deckorators, Inc., has acquired Ultra Aluminum Manufacturing Inc. (Ultra), a leading manufacturer of aluminum fencing, gates and railing, for $25 million. The transaction includes $2 million to be paid if certain future performance goals are met.
PotlatchDeltic Corporation announced a merger with Loutre Land and Timber Company ("Loutre"). PotlatchDeltic issued 1.96 million shares of common stock and assumed debt of $6.6 million in exchange for Loutre's 51,340 acres of high-quality, well-stocked timberlands in southern Arkansas and northern Louisiana.
Arauco has closed the acquisition of majority ownership in Odd Industries, the ethically-driven industrial artificial intelligence (IAI) pioneer. Together they will accelerate the use of artificial intelligence with the mission to slow and reverse climate change.
SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe by 40 USD per tonne from January 2022. The new price will be 1,300 USD.
With SBTi approval, ambitious commitments put company on path to net-zero emissions and limiting global warming to 1.5°C.
Graphic Packaging International ('Graphic Packaging') is celebrating its accomplishments after scooping up five awards at the WorldStar Global Packaging Awards 2022.
UFP Industries announced that its affiliate, UFP Packaging, LLC, has acquired Advantage Label & Packaging, Inc. (Advantage Label), a provider of labels and related equipment used in industrial packaging, for approximately $16 million.
Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, has released its 2020 Corporate Social Responsibility Report.
Sustainable packaging company placed on CDP's Water Stewardship 'A List' and improves score across five priority ESG ratings.
Quad/Graphics, Inc. announced it has completed the sale of its former Oklahoma City, OK, and Fernley, NV, manufacturing facilities to affiliates of Industrial Realty Group, LLC, one of the country's largest owners of commercial and industrial properties, for combined net proceeds of $58.6 million.
Ranked on Forbes' Inaugural List of the World's Top Female-Friendly Companies.
The purchase price for the acquisition is $1.35 billion in cash, subject to customary adjustments, including for working capital, cash and indebtedness.
The LP Foundation's philanthropic focus aligns closely with LP's vision, values and purpose of Building a Better World™. Donations are directed at nonprofits and public schools within the following categories: housing; environment; K-12 public education; and diversity, equity and inclusion.
As part of this sustainability partnership, Glatfelter and ALPLA are joining together to initially develop high-quality cellulose-based products, like screw caps, that are fully biobased and potentially ocean biodegradable. This unique collaboration will support BOC in its product development and shorten time to market even further.
The WorldStar awards are the most prestigious global packaging awards, recognising the best of the best in packaging innovations from across the world.
HelloFresh, the world's leading meal kit company, and its community partners in Georgia, Second Helpings of Atlanta and Pratt Industries, celebrated the donation of one million pounds of food from its Newnan, Georgia, Distribution Center, to benefit at-risk communities.
The Group has also been recognised for its leadership in the fight against deforestation.
The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from Asiana Airlines.
Mondi developed a recyclable functional barrier paper, which is converted on VFFS machines of IMA Ilapak for a selection of Les Crudettes' pre-washed, ready to eat salads.
The EUR 300m will support Essity's product innovation and sustainability investments across all business areas and product segments until 2024. The loan has a tenor of 7 years.
The Lenzing Group, a world-leading provider of wood-based specialty fibers, has been recognized for leadership in corporate sustainability by global environmental non-profit organization CDP, securing a place on its prestigious "A List" for tackling climate change as well as acting to protect water security and forests.
Sonoco provided an overview of its five-year strategic plan and 2022 financial guidance during a virtual meeting with investors.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
This prestigious award recognizes the top 500 most responsible companies in the United States across 14 industry categories. PotlatchDeltic was ranked 209 on the overall list.
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