Article5 min read Jan 8, 2026Sappi and UPM Propose Combining Their European-Based Graphic Paper Businesses to Create a New Joint Venture CompanySappi Limited (“Sappi”) and UPM-Kymmene Corporation (“UPM”) have announced the signing of a non-binding letter of intent to form a non-listed, independent 50/50 Joint Venture for graphic paper.
Article4 min read Sep 15, 2025PCA/Greif Deal Continues Industry Trend of ConsolidationPackaging Corporation of America's $1.8 billion acquisition of Greif's containerboard business marks a significant consolidation move in the North American packaging industry. The all-cash transaction includes two mills with 800,000 tons capacity, seven CorrChoice sheet feeder locations, and one box plant, positioning PCA as the third-largest containerboard producer. Industry veterans will appreciate the strategic synergies: $60 million in pre-tax benefits within two years through operational efficiencies, improved integration, and reduced transportation costs. Combined with International Paper's DS Smith acquisition and Smurfit Westrock's merger, these three deals represent $20 billion in M&A activity, creating enhanced market consolidation and potential pricing power for the top three companies controlling 65% of regional containerboard capacity.
Article1 min read Jul 31, 2025Vida Expands Into Central SwedenCanfor Corporation announced that its 77%-owned subsidiary, Vida AB, has entered into an agreement to purchase AB Karl Hedin Sågverk from Mattsbo Såg AB and certain minority shareholders for a purchase price of $164 million (1.15 billion Swedish Krona), including working capital of approximately $39 million.
Article4 min read May 15, 2025Cardboard Inserts: Minimize Damage and Optimize PackagingWith 31% of UK shoppers now prioritizing quality when they buy (Ideagen), substandard packaging is no longer an option for brands. That’s why many businesses in the UK are embracing sustainable cardboard inserts, using them to improve packaging, reduce the risk of product damage - and the costly returns this can cause - and provide customers with that all-important positive unboxing experience.
Article1 min read Jan 9, 2025Duni Group Acquires UK-based Paper Tableware Producer Poppies Europe for SEK 670 MillionDuni AB (Duni Group) signed an agreement to acquire the UK-based paper tableware producer Poppies Europe Ltd for a fixed purchase price of approximately SEK 670 million, whereof 60 percent will be paid upon closing and the remaining amount will be paid in three instalments by the end of 2025 (20%), 2026 (10%) and 2027 (10%).
