# New-Indy Containerboard to buy Resolute's Catawba, South Carolina paper and pulp mill

Resolute Forest Products agreed to sell its Catawba, South Carolina paper and pulp mill to New-Indy Containerboard for about $300 million, including $260 million in cash and about $40 million of assumed liabilities. Closing is expected around year-end 2018.

- Type: Acquisition
- Announced: 2018-10-02
- Where: Catawba, South Carolina, United States
- Value: $300.0M
- Status: announced
- Products: market pulp, lightweight coated paper, kraft pulp

## Companies

- [New-Indy Containerboard](https://endata.com/companies/1411.md) (acquirer)
- [Resolute Forest Products](https://endata.com/companies/3830.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/resolute-to-sell-catawba-sc-paper-and-pulp-mill-694960671.html), 2018-10-02: "Resolute ... entered into a definitive asset purchase agreement with New-Indy Containerboard, LLC for the sale of its Catawba, South Carolina, paper and pulp mill."

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