KapStone says $615 million buy of distributor Victory Packaging will integrate 115,000 tons of corrugated

摘要

KapStone Paper and Packaging will acquire national distributor Victory Packaging in a debt-free transaction for $615 million, subject to post-closing adjustments. Saying it could not find any medium-to-large containerboard mills to buy, KapStone said the deal will provide more integration and better utilization at its mills and box plants.