British Columbia and the ‘Namgis First Nation have initiated formal talks for a joint decision-making agreement to enhance forest management and ensure the longevity of forestry jobs in the region.
Joint Ventures
West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.
Mondi shareholders would own 54% and DS Smith shareholders would own 46% of the issued and to be issued share capital of Mondi.
This strategic merger creates one of the industry’s leading cooperatives, aimed at delivering unparalleled support to our member-owners.
This new joint venture in Italy aligns seamlessly with VPK Group's long-term vision and strategy for sustainable growth and expansion of its vertically integrated, value-added business model across Europe.