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New Deal


Announced

Completed

Pulp Invest completed the acquisition of the Russian operations of Sylvamo for $420m.

Financials

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Transaction Value£369m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Majority

Russian Federation

Containers and Packaging

Single Bidder

paper supply

Acquisition

paper manufacturing

Completed

Friendly

Synopsis

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Pulp Invest, an investment company, completed the acquisition of the Russian operations of Sylvamo, a paper manufacturer, for $420m. "We made a principle-based decision to exit Russia and believe Pulp Invest is the best option for our Russian colleagues and assets. We intend to use $325m of the proceeds to repay debt," Jean-Michel Ribiéras, Sylvamo Chairman and CEO.

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