Revista O Papel compartilhou isso
A few months ago, the market was surprised by the amount Suzano paid Pactiv Evergreen for Pine Bluff Mill and Waynesville: USD 275 per ton—a fraction of Suzano’s recent investments. Now we understand why. Novolex, a leader in packaging, has announced it will acquire Pactiv Evergreen in an all-cash transaction valued at USD 6.7 billion. It seems that being attached to pulp and paper mills was not well viewed by it, so Pactiv Evergreen sold the assets fast at a very convenient price for Suzano. Novolex’s shareholders, Carlyle and Apollo, might have a different approach than the Koch Brothers. While the latter bought Georgia-Pacific based on its vertical integration capabilities, the formers seem to be avoiding it for the pulp and paper assets. #pulp #pulpandpaper #pulpandpaperindustry #packaging #packagingindustry #strategy #tissue #paper #paperindustry #m&a