PE-backed Twin Rivers to acquire Mondi's Pine Bluff mill

Twin Rivers Paper Co Ltd has agreed to acquire the Pine Bluff, Arkansas paper mill of Mondi Group, a European paper and packaging company. No financial terms were disclosed for the deal, which is expected to close in the second quarter. Twin Rivers, a Madawaska, Maine-based forest products company with pulp operations in Edmundston, New Brunswick, said the buy complements its overall mill system, product offering and strategy. Twin Rivers was bought by Atlas Holdings and Blue Wolf Capital Partners from Brookfield Asset Management in 2013.

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