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Paper Excellence

Domtar’s new owner a member of the Indonesian Widjaja family

Last week Paper Excellence announced that it purchased the Domtar Company for approximately $3 billion in case. Corporate officials said that Paper Excellence planned to operate Domtar as a stand-alone company, and keep its management structure intact. The acquisition does not affect the Hawesville mill other than changing the corporate owner of the mill. Both…

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Domtar to have new owners

Paper Excellence Company offers 3 Billion in Cash On May 11, 2021 Paper Excellence, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, and Domtar a leading provider of fiber-based products, announced that they have entered into a strategic business combination under which the Paper Excellence group of companies will acquire…

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Domtar exploring sale of company

  Domtar Corp. is in talks with one of its competitors to be sold and taken private. As reported by Bloomberg on Monday, Paper Excellence, a paper company based in Canada, had begun making overtures toward Domtar for a potential deal that would combine the companies, both of which specialize in uncoated freesheet like copy…

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