Domtar Wraps Up Acquisition of Appvion's POS Paper Business

摘要

Domtar Corporation UFS has completed the acquisition of the Point of Sale (POS) paper business from Appvion Operations, Inc. Notably, the buyout includes the coater and related equipment located exclusively in the West Carrollton, Ohio facility, and a license for all corresponding intellectual property, according to report from Zacks Equity Research. On Feb 19, Domtar signed a deal with Appvion to purchase the POS paper business. The acquisition will support Domtar to become a large-scale, integrated producer of POS paper. In fact, through this acquisition, the company will be able to get access and insight about the global specialty papers market. Domtar's world-class paper-making capabilities, together with the West Carrollton coater's substantial scale, will create a globally-competitive POS paper business, while providing new alternatives for the company's growth.The West Carrollton asset provides an opportunity for Appvion's POS business employees to become part of an integrated pulp and paper producer, and leverage the coating asset to its maximum potential.