M&A Deal Summary

Verso Acquires NewPage

On January 7, 2015, Verso acquired forest products company NewPage for 1.4B USD

Acquisition Highlights
  • This is Verso’s 1st transaction in the Forest Products sector.
  • This is Verso’s largest (disclosed) transaction.
  • This is Verso’s 1st transaction in the United States.
  • This is Verso’s 1st transaction in Ohio.

M&A Deal Summary
Date 2015-01-07
Target NewPage
Sector Forest Products
Buyer(s) Verso
Deal Type Add-on Acquisition
Deal Value 1.4B USD

Target

NewPage

Miamisburg, Ohio, United States
NewPage facility in Duluth, Minnesota.
NewPage facility in Duluth, Minnesota.
NewPage manufactures, markets and distributes coated printing papers for magazines, catalogs, textbooks and advertising materials.

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Buyer(S) 1

Buyer

Verso

Miamisburg, Ohio, United States
Category Company
Founded 2006
Sector Forest Products
Revenue 1.3B USD (2021)
DESCRIPTION

Verso is a producer of graphic, specialty, and packaging paper and market pulp, with a long-standing reputation for quality and reliability. Verso has two paper mills in Michigan, a roll to sheet converting facility in Wisconsin (paper production idled), and two distribution centers in Sauk Village, Illinois, and Bedford, Pennsylvania. The production facilities are strategically located within close proximity to major customers, and the annual production capacity totals around 1.1 million tonnes of paper. Verso was founded in 2006 and is based in Miamisburg, Ohio.

DEAL STATS #
Overall 1 of 2
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-30 Verso Paper - Two Paper Mills

United States

Sell $74M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-29 Verso Bucksport

Bucksport, Maine, United States

Verso Bucksport LLC manufactures and markets coated ground wood papers for offset and rotogravure printing.

Sell -
Mergr

Product

Company

Legal