Paper Excellence, a diversified manufacturer of pulp and paper, agreed to acquire Eldorado Brasil, a pulpmaker, from J&F Investimentos, an investment company, for $4.7m. Paper Excellence began operating its first cellulose plant in 2007 in Meadow Lake, Canada, and has since expanded by buying other plants in that country and Europe. 22/10/2022 Brazilian court allows Paper Excellence to conclude acquisition of Eldorado.