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New Deal


Announced

First Quality to acquire Dryden pulp mill of Domtar.

Financials

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

Tags

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United States

paper mill

Majority

Pending

Friendly

Acquisition

Domestic

Single Bidder

Machinery: Specialty

Private

Synopsis

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First Quality, a multi-national manufacturing company, agreed to acquire Dryden pulp mill of Domtar, a provider of a wide variety of fiber-based products. Financial terms were not disclosed. "First Quality saw this as an excellent strategic investment given the knowledgeable leadership team, premium quality NBSK coming from the mill, and the access and availability to high quality fiber supplies long term. We look forward to partnering with the existing mill team members, customers, suppliers, and community stakeholders to continue the mill's successful history of local engagement and economic development," Jim Dodge, First Quality CFO.

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