Paper Excellence to acquire fiber-based products provider Domtar for $3bn

Paper Excellence to acquire fiber-based products provider Domtar for $3bn

Paper Excellence, a Canadian pulp and paper manufacturer has agreed to acquire Domtar, a US-based provider of fiber-based products, for $55.5 per share in cash or about $3 billion. Domtar’s fiber-based products include communication, packaging, and specialty papers, market pulp, and airlaid nonwovens. The company employs nearly 6,400 people and serves over 50 countries. Listed […]

Domtar to acquire Appvion’s POS paper business

Domtar to acquire Appvion’s POS paper business

Domtar, a fiber-based products provider, has signed an asset purchase deal with Wisconsin-based Appvion Operations to acquire the latter’s Point of Sale (POS) paper business for an undisclosed price. As per the agreement, Domtar will acquire the coater and related equipment located only at Appvion’s facility in West Carrollton, Ohio and also a license for […]