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6 May 2021
Domtar Possible Take Over Target
RICHMOND ' B.C.—
Domtar may become a Canadian company again after the pulp and paper producer acknowledged it's in talks with B.C.'s Paper Excellence about a possible merger or sale of the company. Paper Excellence is a privately held company with $2.4 billion in annual sales from the production of more than 2.8 million tonnes of paper at seven manufacturing facilities in Canada. It has 2,800 employees.
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Privately held and based in B.C.
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Originally started in Nova Scotia
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Domtar is one of North America's largest makers of uncoated freesheet and one of the world's largest manufacturers of pulp. It has 13 mills about 6,600 employees in 50 countries and annual sales of about US$3.7 billion. The company is a pure-play pulp & paper company, and expanded into the North American containerboard market last year.
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