M&A Deal Summary

Norske Skog Canada Acquires Pacifica Papers

On August 27, 2001, Norske Skog Canada acquired forest products company Pacifica Papers from Parallel49 Equity for 905M USD

Acquisition Highlights
  • This is Norske Skog Canada’s 1st transaction in the Forest Products sector.
  • This is Norske Skog Canada’s largest (disclosed) transaction.
  • This is Norske Skog Canada’s 1st transaction in Canada.
  • This is Norske Skog Canada’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2001-08-27
Target Pacifica Papers
Sector Forest Products
Buyer(s) Norske Skog Canada
Sellers(s) Parallel49 Equity
Deal Type Add-on Acquisition
Deal Value 905M USD

Target

Pacifica Papers

Vancouver, British Columbia, Canada
Pacifica Papers, Inc. is a groundwood paper and pulp company.

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Buyer(S) 1

Buyer

Norske Skog Canada

Vancouver, British Columbia, Canada

Category Company
Sector Forest Products
DESCRIPTION

Norske Skog Canada Ltd. is a paper and pulp company.


DEAL STATS #
Overall 1 of 1
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Parallel49 Equity

Vancouver, British Columbia, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Parallel49 Equity is a private equity firm that invests in mid-sized companies in Canada and the US. The Firm concentrates its investment efforts in the Western and Mid-western regions of both countries. Target businesses generally have enterprise values of $25 to $150 million and are profitable with $5 to $30 million of EBITDA. Parallel49 pursues acquisitions of public or private companies, management-led buyouts, recapitalizations and sales of subsidiaries of larger companies. Broad areas of interest include manufacturing, service, and distribution. Parallel49 will not invest in start-ups, new technologies, turnarounds or companies active in real estate development, gaming, restaurant or primary resource sectors. Parallel49 was formerly known as Tricor Pacific Capital. The Firm has offices in Vancouver, British Columbia, and Chicago, Illinois.


DEAL STATS #
Overall 1 of 22
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 1 of 9
State (British Columbia) 1 of 6
Country (Canada) 1 of 11
Year (2001) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-01 Swiss Water

Delta, British Columbia, Canada

Swiss Water is the only chemical-free, water process decaffeinator in North America. The company's Swiss Water brand features a certified organic process to naturally decaffeinate coffee. Swiss Water is based in Delta, British Columbia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-01 Matrix Packaging

Mississauga, Ontario, Canada

Matrix Packaging, Inc. is a manufacturer of high-quality plastic packaging, serving the personal care, household chemicals, and pharmaceutical markets.

Buy -