Brookfield Sells Longview to Kapstone for Over $1B

Longview, Wisconsin-based Longview Fibre Paper and Packaging Inc. has agreed to be acquired by KapStone Paper and Packaging Corp. of Northbrook, Ilinois for US$1.03 billion in cash. The transaction, which is expected to close in the summer of 2013, provides an exit to Brookfield Capital Partners II, which forms part of the private equity group of Toronto-based Brookfield Asset Management. Brookfield invested in Longview, a manufacturer of containerboard, corrugated containers and paper products, in April 2007.

12 June 2013•5 mins read
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