Schwarz Partners In Mill Deal

An Indianapolis-based holding company is part of a deal to buy three U.S. containerboard mills for $470 million, according to an agreement from the world's largest pulp and paper producer. With the deal, International Paper Co. fulfilled a settlement related to its purchase of Temple-Inland.

BING NEWS:
  • IP Agrees to Sell Three Mills
    mill to Hood Companies Inc., and the sale of its Ontario and Hueneme mills to New-Indy Containerboard LLC, a newly formed joint venture of The Kraft Group LLC and Schwarz Partners, LP. "We are pleased to have reached these agreements within the timeline ...
    06/4/2012 - 1:00 pm | View Link
  • International Paper Agrees to Sell Three US Containerboard Mills Under Terms of Temple-Inland Settlement Agreement with the DOJ
    The Kraft Group and Schwarz Partners said in a joint statement today ... Hood Companies Inc. said in a statement, "The mill represents a key strategic growth platform within Hood's holdings. We view the New Johnsonville mill as an exceptional asset ...
    06/3/2012 - 1:00 pm | View Link
  • Local company part of $470 million paper mill deal
    is selling a former Temple-Inland mill in Ontario, Calif., and one of its own mills in Oxnard, Calif., to the Schwarz-Kraft joint venture known as New-Indy Containerboard LLC. Schwarz Partners owns various businesses that focus on packaging and ...
    06/3/2012 - 1:00 pm | View Link
  • International Paper Announces Agreements to Sell Three U.S. Containerboard Mills
    Under the terms of the DOJ settlement agreement, entered into in connection with the company's acquisition of Temple-Inland, International Paper agreed to divest the following mills: the former Temple-Inland mill ... LLC and Schwarz Partners, LP.
    06/3/2012 - 1:00 pm | View Link
  • International Paper Sells Mills For $470M In DOJ Deal
    In a deal tentatively blessed by the U.S. Department of Justice, the paper products giant company is selling off the properties, after a "robust auction," to Hood Companies Inc. and a joint venture of The Kraft Group LLC and Schwarz Partners LP ...
    06/1/2012 - 1:30 pm | View Link
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