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Sofidel to Acquire Clearwater Paper’s Tissue Business, Expanding North American Footprint

Sofidel, a global leader in paper manufacturing known for its Regina brand, has signed a definitive agreement to acquire Clearwater Paper Corporation’s Tissue Business (CLW Tissue), marking a significant step in Sofidel’s growth strategy in North America.

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Saica Group Expands into Poland with Acquisition of Schumacher Packaging Subsidiary

Spanish paper solutions provider Saica Group has reached an agreement to purchase the Polish subsidiary of German packaging giant Schumacher Packaging.

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Schumacher Packaging in talks with potential partners

The latest announcement of Schumacher Packaging’s plan to sell its Polish subsidiary to Saica and the German company’s comments on market conditions and its standing as a family-run company have raised questions about its future intentions.

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Sappi to divest Lanaken paper mill to UTB

Sappi has found a buyer for the 530,000 tpy Lanaken paper mill. UTB specialises in industrial property conversions and will examine the options for the future utilisation of the Lanaken site. The purchase price amounts to €50m, of which €40m will be paid in cash, says Sappi.

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Green Bay Packaging announces expansion of Germantown facility

Green Bay Packaging (GBP) recently announced the expansion of its Great Lakes Packaging Division in Germantown, WI. The groundbreaking ceremony occurred on July 9, 2024, at the new location.

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