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Family office Treis has acquired full ownership of Singapore packaging company Greenpac, merging it with sister companies Salpac and Sal Packaging to form one international group. The deal is reportedly worth about S$100 million.
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%.
