# Clearwater Paper acquires Manchester Industries from PaperWorks for $68.25M

Clearwater Paper acquired Manchester Industries, a paperboard sales, sheeting and distribution supplier with five facilities in the US, from PaperWorks Industries for $68.25 million in cash. The deal was announced on 16 December 2016.

- Type: Acquisition
- Announced: 2016-12-16
- Where: Richmond, Virginia, United States
- Value: $68.3M
- Status: completed
- Products: paperboard, custom sheeting, slitting and cutting services
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Clearwater Paper](https://endata.com/companies/670.md) (acquirer)
- [Manchester Industries](https://endata.com/companies/671.md) (target)
- [PaperWorks Industries](https://endata.com/companies/672.md) (partner)

## Sources

- [globalpapermoney.com](https://www.globalpapermoney.com/clearwater-paper-acquires-manchester-industries-cms-9290), 2017-01-03: "Clearwater Paper Corporation (NYSE:CLW) today announced it has acquired Manchester Industries of Richmond, Virginia."

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