The company's PaperSeal® tray product - which was developed in partnership with world leader in tray sealing technology, G. Mondini - has been selected as a winning solution by New Seasons Market to replace the plastic clamshells currently used on the grocer's Partner Brand Fresh Pasta.
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.
In a statement, the company said it stands in solidarity with the people of Ukraine and everyone impacted by the "totally unjustified attack on Ukraine and its people."
