Article2 min read Nov 20, 2025International Paper to Close Facilities in California, KentuckyInternational Paper announced it plans to close a facility in Compton, California, and another in Louisville, Kentucky, by January 2026.
Article6 min read Nov 13, 2025Kimberly-Clark to Acquire Kenvue, Creating a $32 Billion Global Health and Wellness LeaderKimberly-Clark Corporation (NASDAQ: KMB), a global personal care leader, and Kenvue Inc. (NYSE: KVUE), a global consumer health leader, announced an agreement under which Kimberly-Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately $48.7 billion, based on the closing price of Kimberly-Clark common stock on October 31, 2025.
Article6 min read Nov 11, 2025Kimberly-Clark to Acquire Kenvue - Creates a $32 Billion Global BusinessKimberly-Clark announces a $48.7 billion acquisition of Kenvue, creating a global health and wellness leader with 10 billion-dollar brands serving nearly half the world's population. The strategic merger combines complementary portfolios across consumer health categories, leveraging Kimberly-Clark's commercial engine and Kenvue's science-backed innovation network. Expected synergies include $1.9 billion in cost savings and $500 million in revenue gains within four years, positioning the combined company for industry-leading growth and enhanced R&D capabilities to drive category premiumization in high-growth markets.
Article1 min read Oct 9, 2025Ahlstrom Completes Divestment of Abrasives Business to MunksjöAhlstrom, a global leader in sustainable fiber-based specialty materials, today announces that it has completed the divestment of its Abrasives business unit to Munksjö. Munksjö’s offer was announced on July 7, 2025.
Article1 min read Sep 25, 2025Billerud Initiates Cost Savings to Strengthen CompetitivenessDue to the weakened market conditions in Europe, which has resulted in a negative profit trend, Billerud has decided to launch a cost saving program targeting annualized savings of SEK 800 million. The planned cost saving program is expected to have a noticeable positive impact from the first quarter of 2026, and to reach full effect at the end of 2026.
Article1 min read Sep 9, 2025Kimberly-Clark Appoints Stacey Valy Panayiotou as Chief Human Resources OfficerWill succeed interim Chief Human Resources Officer Viviane Cury.
Article2 min read Sep 4, 2025Greif Cites Progress of Business Reorganization, Cost CuttingPackaging Dive reports that Executives on the fiscal Q3 earnings call Thursday also shared updated timing on two major divestiture closings, with one coming slightly ahead of projections and the other slightly later.
Article1 min read Aug 14, 2025Novolex Appoints James "JT" Jones as Chief Procurement Officer Novolex Appoints James "JT" Jones as Chief Procurement OfficerNovolex announced that James "JT" Jones has been appointed Chief Procurement Officer (CPO), effective August 11, 2025. In this role, Jones will be responsible for leading the company's global procurement team, processes and strategy. He will be based in Lake Forest, Illinois.Learn More...
Article1 min read Jun 26, 2025Sonoco Names Paul Joachimczyk Chief Financial OfficerSonoco Products Company announced that Paul Joachimczyk has been named Chief Financial Officer, effective June 30, 2025.
Article9 min read Jun 10, 2025Kimberly-Clark Announces Strategic Partnership with SuzanoMove will create a joint venture worth approximately $3.4 billion
Article1 min read Feb 27, 2025New Leadership at AFT: Ali Raheem Appointed CEOAikawa Fiber Technologies (AFT), based in Sherbrooke, has announced the appointment of Ali Raheem as CEO, effective immediately. This move is part of AFT’s growth and innovation strategy.
Article1 min read Jan 2, 2025Sonoco to Sell Thermoformed and Flexibles Packaging Business to Toppan for $1.8 BillionSonoco Products Company today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.
Article1 min read Dec 12, 2024Lecta Announces the Spin-Off of Its Self-Adhesive BusinessLecta has announced the spin-off of its Self-Adhesives business unit from Torraspapel S.A.U. This spin-off will be effective as of January 1, 2025. It entails the creation of the new company Lecta Self-Adhesives España, S.L.U., which will take over all activities, agreements and commercial relationships relating to the Lecta's self-adhesives business, including all its self-adhesive products.
Article1 min read Oct 17, 2024Metsä Group Plans to End its Plywood Production in SuolahtiMetsä Wood, part of Metsä Group, plans to discontinue plywood production in Suolahti, Finland. The plan to end production at the Suolahti mill is based on its poor profitability. According to the plans, production at the Suolahti birch plywood mill would end by the end of first quarter of 2025 and production at the spruce plywood mill would end by the end of 2026 at the latest.
Article1 min read Oct 3, 2024Canfor Pulp Products Announces Leadership TransitionCanfor Pulp Products yesterday announced that Kevin Edgson will be leaving the role of President and Chief Executive Officer on October 31, 2024.
Article1 min read Jul 25, 2024Clearwater Paper to Sell Tissue Business to Sofidel America for $1.06 BillionClearwater Paper Corporation, a premier supplier of quality consumer tissue and bleached paperboard, announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a leading manufacturer of paper for hygienic and domestic use, for $1.06 billion, subject to adjustments for debt, cash, transaction expenses and net working capital.
Article3 min read May 16, 2024Mativ Reports First Quarter 2024 ResultsMativ Holdings reported earnings results for the three months ended March 31, 2024. On November 30, 2023, Mativ completed the sale of its Engineered Papers business. Financial results for continuing operations exclude Engineered Papers in all periods.
