Cascades moves up its integration with full buy of Quebec converter

摘要

Cascades is set to bolster its tissue-paper-to-product integration to about 70% by acquiring full ownership of Quebec-based Papersource. The S130 million/yr in revenue converter runs at least a 10-line facility in Granby that makes mostly Away-from-llome (AfH) as well as consumer products for private label in the USA and Canada. The deal is to close in mid-September.