M&A Deal Summary

Graphic Packaging Acquires Cascades Boxboard Group

On December 11, 2014, Graphic Packaging acquired packaging company Cascades Boxboard Group from Cascades for 45M USD

Acquisition Highlights
  • This is Graphic Packaging’s 4th transaction in the Packaging sector.
  • This is Graphic Packaging’s 7th largest (disclosed) transaction.
  • This is Graphic Packaging’s 1st transaction in Canada.
  • This is Graphic Packaging’s 1st transaction in Quebec.

M&A Deal Summary

Date 2014-12-11
Target Cascades Boxboard Group
Sector Packaging
Buyer(s) Graphic Packaging
Sellers(s) Cascades
Deal Type Divestiture
Deal Value 45M USD

Target

Cascades Boxboard Group

Kingsey Falls, Quebec, Canada
Cascades Boxboard Group, Inc. manufactures recycled coated boxboard for the production of folding cartons.

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Buyer(S) 1

Buyer

Graphic Packaging

Atlanta, Georgia, United States

Category Company
Founded 2007
Sector Packaging
Employees23,500
Revenue 9.4B USD (2023)
DESCRIPTION
Entrance to Graphic Packaging's corporate headquarters in Atlanta, Georgia.
Entrance to Graphic Packaging's corporate headquarters in Atlanta, Georgia.

Graphic Packaging is a packaging company. Graphic Packaging produces a range of paperboard grades convertible into folding cartons that are used primarily to protect products, such as food, detergents, paper products, beverages, and health and beauty aids. Graphic Packaging was founded in 2007 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 4 of 16
Sector (Packaging) 4 of 16
Type (Divestiture) 2 of 6
State (Quebec) 1 of 1
Country (Canada) 1 of 2
Year (2014) 2 of 2
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-19 Benson Group

Leicestershire, United Kingdom

Benson Group is a supplier of printed folding carton board packaging to the food retail sector. In the healthcare market, Benson Group manufactures cartons, patient information leaflets and labels for pharmaceutical customers in the UK and Europe.

Buy $165M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-02 Rose City Printing & Packaging

Vancouver, Washington, United States

Rose City Printing & Packaging, Inc. is a specialty printing and packaging converters in the western U.S. The Company manufactures folding cartons and beverage carriers for over 180 food, beverage, nutrition, and consumer products companies and has differentiated itself by providing superior service to its customers.

Buy -

Seller(S) 1

SELLER

Cascades

Kingsey Falls, Quebec, Canada

Category Company
Founded 1964
Sector Consumer Products
Employees9,800
Revenue 4.6B CAD (2023)
DESCRIPTION

Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs 11,000 women and men, who work in over 90 production units in North America and Europe. With its management philosophy, half a century of experience in recycling, and continuous efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on while contributing to the well-being of people, communities and the entire planet. Cascades was founded in 1964 and is based in Kingsey Falls, Canada.


DEAL STATS #
Overall 4 of 5
Sector (Packaging) 2 of 2
Type (Divestiture) 4 of 4
State (Quebec) 2 of 2
Country (Canada) 2 of 2
Year (2014) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-02 Rolland Enterprises

Saint-Jerome, Quebec, Canada

Rolland Enterprises is a producer of specialty fine papers using recycled fibers targeting commercial and B2B customers. Rolland produces fine papers with up to 100% post-consumer waste fiber for multiple uses and security papers used in corporate documents, vital records, checks, passports and visas. The Company supplies customers in North America, Latin America and Asia directly and through a network of merchants and distributors. Rolland Enterprises is based in Saint-Jerome, Quebec.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-12 Longhorn Paper Converting

Grand Prairie, Texas, United States

Longhorn Paper Converting LLC is a tissue converting plant in Grand Prairie, Texas, USA.

Buy -