# Biopappel acquires 55% of US Corrugated via McKinley Paper

Mexican paper maker Biopappel, through its US subsidiary McKinley Paper Company, acquired 55 percent of US Corrugated Inc and subsidiaries. The amount was not disclosed, and the deal doubles Biopappel's US operations.

- Type: Acquisition
- Announced: 2019-07-01
- Where: Washington, Pennsylvania, United States
- Status: completed
- Products: paper packaging, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [U.S. Corrugated Holdings](https://endata.com/companies/1477.md) (target)
- [US Corrugated](https://endata.com/companies/1570.md) (target)
- [Bio Pappel](https://endata.com/companies/4879.md) (partner)
- [Biopappel](https://endata.com/companies/5231.md) (acquirer)
- [McKinley Paper Company](https://endata.com/companies/5232.md) (acquirer)

## Sources

- [globalpapermoney.com](https://www.globalpapermoney.com/biopappel-acquires-us-corrugated-shares-cms-10976&cache_id=7811), 2019-07-01: "Biopappel stated that the operation will allow it to double the size of its operations in the United States."
- [recyclingtoday.com](https://www.recyclingtoday.com/news/mckinley-papers-bio-pappel-acquires-us-corrugated-operations/), 2019-07-01: "McKinley Paper Co., a subsidiary of Mexico-based Bio Pappel, has acquired U.S. Corrugated Inc., Washington, Pennsylvania."

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