Atlas Holdings Affiliate Acquires Thunder Bay Pulp and Paper Mill from Resolute FP Canada

May 26, 2023

Atlas Holdings, through its affiliate Thunder Bay Pulp and Paper Inc., has completed the acquisition of the Thunder Bay pulp, paper, newsprint and directory paper mill operations in Thunder Bay, Ontario from Resolute FP Canada Inc. The mill will operate as a standalone company within Atlas' portfolio, with local management retained and industry veteran Randy Nebel appointed chair of the board.

Buyers
Atlas Holdings, Thunder Bay Pulp and Paper Inc.
Targets
Thunder Bay mill operations (pulp, paper, newsprint and directory paper)
Sellers
Resolute FP Canada Inc., Paper Excellence
Industry
Manufacturing
Location
Ontario, Canada
Transaction Type
Buyout

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