M&A
confidence high
sentiment neutral
materiality 0.50
Clearwater Paper files Augusta Mill financials and pro forma for $700M acquisition
Clearwater Paper Corp
- Acquisition of Augusta Mill from Graphic Packaging closed May 1, 2024 for $700M cash plus assumed liabilities.
- Augusta Mill 2023 net sales $614.8M, net income $62.9M; 2022 net sales $749.1M, net income $101.0M.
- Pro forma condensed combined balance sheet and income statements filed as Exhibit 99.3 reflecting deal impact.
- Augusta Mill had net parent investment of $489.6M as of Dec 31, 2023; total assets $651.7M.