# Cascades acquires four Ontario box plants from Coyle family for CAD 28M

Cascades Inc. acquired four Ontario plants from the Coyle family: McLeish Corr-a-Box, Brown Packaging, Coyle Corrugated Containers and Coyle Packaging. Consideration was CAD 28 million including CAD 4 million assumed debt, completed on 4 December 2017.

- Type: Acquisition
- Announced: 2017-12-04
- Where: Ontario, Canada
- Value: $21.5M (28.0M CAD)
- Status: completed
- Capacity: additional 500 million square feet per year
- Products: corrugated boxes, containerboard packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cascades](https://endata.com/companies/923.md) (acquirer)
- [Coyle family](https://endata.com/companies/2499.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/CASCADES-INC-1409325/news/Cascades-Inc-acquired-four-plants-in-Ontario-from-Coyle-family-for-CAD-28-million-34883592/), 2017-12-03: "Cascades Inc. (TSX:CAS) completed the acquisition of four plants in Ontario from Coyle family on December 4, 2017."
- [newswire.ca](https://www.newswire.ca/news-releases/cascades-acquires-containerboard-packaging-plants-in-ontario-and-increases-its-ownership-in-greenpac-661807453.html), 2017-12-04: "The containerboard packaging plants were acquired for a consideration of $28 million, including an assumed debt of $4 million"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.