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Graphic Packaging Holding Company
Graphic Packaging Completes Divestiture of Two Coated-Recycled Board Mills
October 5th, 2008
Graphic Packaging Holding Company (NYSE:GPK), announced that it has completed the divestiture of two coated-recycled board (CRB) mills with the approval of the U.S. Department of Justice pursuant to the Consent Decree governing the combination of Graphic Packaging International, Inc. and Altivity Packaging, LLC in March 2008. As announced previously, the Company is selling the CRB mills, located in Philadelphia, Pennsylvania and in Wabash, Indiana, to an affiliate of Sun Capital Partners, Inc. known as PaperWorks Industries, Inc. "We are pleased that the divestiture has been approved by the Department of Justice and we will remain focused on producing paperboard as part...
Source: Pharma Investments, Ventures & Law Weekly (2008-10-05)
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