Suzano to Acquire Pactiv Evergreen's U.S. Paper Plants for $110M
Pactiv Evergreen has agreed to sell its Waynesville and Pine Bluff facilities to Suzano, a global paper and pulp producer, for $110 million. The deal is expected to bring economic benefits and job opportunities to the Waynesville area, which was impacted by previous mill closures. The sale is anticipated to be finalized in the fourth quarter of this year.