On December 31, 2021, Deerfield Specialty Papers completed the sale of its Canadian subsidiary, Glassine Canada, to Nordic Paper Holding AB for a preliminary purchase price of $92 million.
Nordic Paper Holding AB is a Scandinavian specialty paper producer that supplies kraft and natural greaseproof paper to over 70 countries.
Glassine Canada Inc. is a Canadian company that specializes in manufacturing greaseproof paper for food applications, based in Québec.
Osler, Hoskin & Harcourt LLP provided counsel to Deerfield Specialty Papers Inc. on behalf of the sellers with a team consisting of Niko Veilleux, Calvin Leung and Jordana Corber-Tovel (Corporate), Mark Brender, Alain Fournier, Jean-Philippe Dionne (Tax), Caroline Stephens (Real Estate), and Patrick Welsh (Environmental).
Key Contact
Partner, Corporate, Montréal
Team
Associate, Tax, Montréal
Partner, Tax, Montréal
Partner, Tax, Montréal
Associate, Real Estate, Montréal
Partner, Emerging and High Growth Companies, Montréal
