# BillerudKorsnäs to acquire Verso for $825M to expand in North America

BillerudKorsnäs agreed to acquire Verso Corporation, a North American coated paper producer, for about USD 825 million in cash. The deal is expected to close in the second quarter of 2022, subject to shareholder and regulatory approvals.

- Type: Acquisition
- Announced: 2021-12-20
- Where: North America, United States
- Value: $825.0M
- Status: announced
- Capacity: approximately 1.2 million tons paperboard after conversion
- Products: coated papers, paperboard

## Companies

- [BillerudKorsnäs](https://endata.com/companies/539.md) (acquirer)
- [Verso Corporation](https://endata.com/companies/8727.md) (target)

## Sources

- [billerud.com](https://www.billerud.com/press--news/press-releases/2021/billerudkorsnas-to-acquire-verso-to-ignite-growth-in-north-america), 2021-12-20: "BillerudKorsnäs has entered into a merger agreement with Verso Corporation (Verso) under which BillerudKorsnäs has agreed to acquire Verso."
- [naylornetwork.com](https://www.naylornetwork.com/ppi-otw/newsletter-v2.asp?issueID=93169), 2021-12-23: "BillerudKorsnäs AB will acquire all of the outstanding shares of Verso for a purchase price of $27 per share in cash, or approximately $825 million."
- [recyclingtoday.com](https://www.recyclingtoday.com/news/verso-acquired-by-swedish-pulp-and-paper-manufacturer/), 2021-12-30: "BillerudKorsnäs agreeing to acquire the Ohio company for $825 million, or $27 per share."

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