Domtar Inc. said it would buy U.S.-based Ris Paper Co. Inc. in a deal valued at $90 million. The transaction, expected to close this month, includes assumption of debt, issuance of Domtar common stock and payment in cash.
The company added that Ris management supports the acquisition and would continue to lead the company. The transaction still is subject to regulatory approval.
Ris, based in Kentucky, is one of the largest independent merchants of commercial printing and business papers in the United States. It operates 19 distribution branches and reported sales of $600 million last year.
Explore the July 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Charter Next Generation joins US Flexible Film Initiative
- Vecoplan to present modular solutions at IFAT 2026
- Terex Ecotec appoints Bradley Equipment as Texas distributor
- Greenwave raises revenue but loses money in Q2 2025
- Recycled steel prices hold steady
- EY says India’s need for scrap imports will continue
- Coming full circle
- Amcor, DCM introduce fertilizer packaging with 35 percent recycled content
