Announced
Completed
Synopsis
Pixelle Specialty Solutions, a manufacturer of specialty papers, completed its acquisition of Androscoggin and Stevens Point Mills from Verso, a producer of coated papers. Financial terms were not disclosed. "We are pleased to have completed the sale of our Androscoggin and Stevens Point mills to Pixelle. After the transaction, we will continue to be a debt-free company with significant manufacturing and financial flexibility, well positioned to enhance our competitive market position, effectively respond to industry trends and take advantage of low-risk, high-return opportunities that should create long-term value for all of our stakeholders," Adam St. John, Verso CEO.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.