Cascades buys four Ontario containerboard packaging plants from Coyle family

Cascades is acquiring four containerboard packaging plants in Ontario from the Coyle family, adding about 500 million square feet of annual capacity. The total cost of the transaction, including its Greenpac and Tencorr stakes, is C$49 million.

“The total cost of the transaction amounts to $49 million, of which $21 million is related to the increased stake in Greenpac and its new position in Tencorr.”pulpandpapercanada.com

• 2 sources
• pulpandpapercanada.comCascades buys four Ontario containerboard packaging plants - Pulp and Paper CanadaDec 4, 2017
• globalpapermoney.comCascades Acquires Containerboard Packaging Plants - Global Paper MoneyDec 19, 2017

Summarized from public sources; check the original articles before acting on it.