INDUSTRY ANNOUNCEMENTS

摘要

Caraustar Industries, a paperboard manufacturer that consumes recycled fiber, is being acquired by packaging maker Greif, Inc. The $1.8 billion cash transaction is expected to close during the first quarter of 2019, subject to regulatory clearances. Caraustar produces uncoated recycled paperboard and coated recycled paperboard, with a variety of applications that include tubes and cores and a diverse mix of specialty products. Based in Austell, Ga., Caraustar's footprint includes over 80 operating facilities throughout the United States.