Cascades to buy CDPQ's 20.2% stake in Greenpac containerboard mill in Niagara Falls

Cascades Inc. is exercising its option to buy the 20.2% interest held by CDPQ in Greenpac Holding LLC, a lightweight containerboard mill in Niagara Falls, New York, for about $93 million. The deal is expected to close January 3, 2020, raising Cascades' stake to 86.3%.

“The expected purchase price is about $93 million and is expected to close Jan. 3, 2020.”recyclingtoday.com

• 1 source
• recyclingtoday.comCascades increases its ownership interest in New York containerboard mill - Recycling TodayDec 12, 2019

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