One Rock to pick up Weyerhaeuser’s printing papers business
October 06, 2016
Paper Products | Longview, WA | Buyout
One Rock Capital Partners has agreed to acquire North Pacific Paper Company, the printing papers business of Weyerhaeuser Company (NYSE: WY), in a deal expected to close later this year. Weyerhaeuser plans to use a substantial portion of the after-tax proceeds from the transaction for the repayment of debt. The company also recently announced the sales of its pulp mills and liquid packaging board business.