BillerudKorsnäs completes acquisition of Verso
BillerudKorsnäs announces the completion of its acquisition of Verso for a purchase price of approximately USD 825 million in cash. Verso is a leading producer of coated paper in North America, with 2021 net sales of USD 1 278 million and adjusted EBITDA of USD 223 million.The acquisition of Verso reinforces BillerudKorsnäs’ strategy to drive profitable and sustainable growth and its ambition to accelerate its growth in North America. As a result of the acquisition of Verso, BillerudKorsnäs is now one of the largest providers of virgin paper and packaging materials with a cost and quality