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The transaction value is approximately $700 million, based on adjusted EBITDA of approximately $100 million.
February 21, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company and Clearwater Paper Corporation announced that Graphic Packaging has signed a definitive agreement to sell its Augusta, GA bleached paperboard manufacturing facility to Clearwater Paper. The transaction value is approximately $700 million, based on adjusted EBITDA of approximately $100 million. “Augusta is an outstanding asset with a great team, which we concluded is a more compelling fit with Clearwater Paper’s strategic growth plans than our ow...
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