Announced
Financials
Tags
United States
paper mill
Majority
Pending
Friendly
Acquisition
Domestic
Single Bidder
Machinery: Specialty
Private
Synopsis
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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