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Stock impact report

Sofidel Finalizes the Acquisition of the Tissue Division of Clearwater Paper Corporation and Becomes the Fourth Largest Tissue Paper Producer in North America [Yahoo! Finance]

Clearwater Paper Corporation (CLW) 
Last clearwater paper corporation earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
geographic coverage in the United States, creating the conditions to meet additional demand and grow further. PORCARI, Italy, November 01, 2024 BUSINESS WIRE Sofidel , a global leading manufacturer of paper for hygienic and household use, known particularly in Italy and Europe for its Regina brand, has finalized the acquisition of the tissue division of Clearwater Paper Corporation ("CLW Tissue"). The agreement had been announced last July 22. All regulatory approvals have been obtained. The transaction, the largest carried out in the Group's history, represents a strategic step in Sofidel's journey . Thanks to the acquisition of four production plants – Shelby (North Carolina), Lewiston (Idaho), Las Vegas (Nevada) and Elwood (Illinois) – and the integration of about 1,700 employees, Sofidel increases its production capacity by 25% (340,000 metric tons per year) expands its commercial offerings (two out of the six paper mill machines acquired are TAD - Through Air Drying machine Show less Read more
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