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Paper Excellence

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uuid003edml

Namestring
Paper Excellence
Legal namestring
Domtar Corporation
Company typeenum
Private
Founded yearint
1848
Descriptiontext

Paper Excellence is the privately held parent of Domtar Corporation, a North American forest products manufacturer founded in 1848 and acquired by Paper Excellence (controlled by Jackson Wijaya) in 2021. The company produces an integrated portfolio spanning paper (brands including Cougar® and Clarion™), containerboard packaging (100% recycled linerboard and medium at the Kingsport Mill), pulp (Lighthouse® fluff pulp and papergrade pulp), tissue (retail private label, Harmony® branded, and away-from-home dispensers via Revo®), and wood products (lumber, engineered and remanufactured wood, and woodland operations). Operations span the United States and Canada with offices in Fort Mill (SC), Montreal (HQ, QC), and Richmond (BC), and manufacturing supported by an extensive North American logistics network.

Domtar generates revenue through direct B2B sales for paper, packaging, pulp and wood products, quote-based pricing under multi-year contracts with enterprise customers, and through branded retail and channel routes — Ariva and Xerox Paper (Canada/US) for paper distribution, and Resolute Tissue websites for Harmony® branded and private-label tissue. Customer segments include packaging converters, absorbent-product manufacturers, retailers, publishers/printers, and construction/wood-products buyers. Sustainability positioning, including a 2030 strategy and annual reporting, is a material element of the brand and customer value proposition.

The business model is industrial commodity manufacturing in cyclical end-markets. Revenue mechanics rely on physical-product sales rather than licensing or software, with capital intensity and mill scale serving as primary barriers to entry. Pricing is not publicly disclosed; transactions are negotiated via sales teams. Recent strategic signaling — including the conclusion of long-running Resolute and Greenpeace litigation, publication of the 2025 Sustainability Report and Q2 2026 strategy update, and the Clarion™ POS Paper launch — points to operational continuity and portfolio maintenance rather than aggressive top-line acceleration.

Short descriptiontext

Paper Excellence, via subsidiary Domtar Corporation, is a privately held North American manufacturer of paper, packaging, pulp, tissue and wood products founded in 1848 and acquired in 2021. It serves enterprise converters, retailers, and construction buyers across the US and Canada.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersRichmond, Canada
HQ citystring
Richmond
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pulp manufacturing, containerboard packaging, tissue products, specialty paper, wood products
Industry6 codes
1Consumer Tissue Paper (Facial, Toilet, Paper Towels, Napkins)
CodeIMAMAGAAPrimaryYes
2Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances)
CodeIMAMAGAIPrimaryNo
3Pulp & Wood Fiber Trading
CodeIMAMAIAEPrimaryNo
4Fiber Recycling & Pulping (Paper, OCC, Mixed Paper)
CodeBPALADADPrimaryNo
5Paper-Based Packaging & Single-Use Paper Products (Paper Bags, Wraps, Cartons)
CodeCRADALALPrimaryNo
6Colored, Art & Premium Paper Manufacturing
CodeIMAMAEAGPrimaryNo
NAICS code8 codes
  • Paper Manufacturing322
  • Paper Mills322120
  • Paper Mills32212
  • Pulp, Paper, and Paperboard Mills3221
  • Pulp Mills322110
  • Pulp Mills32211
  • Sanitary Paper Product Manufacturing322291
  • Other Paperboard Container Manufacturing322219
SIC code6 codes
  • Paper Mills2621
  • Pulp Mills2611
  • Papers & Allied Products2600
  • Paperboard Mills2631
  • Paperboard Containers & Boxes2650
  • Lumber & Wood Products (No Furniture)2400
Product category
Pulp and Paper Manufacturing
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Paper Products
TypeOne Time License
Description

Manufacturing and sale of paper products including printing, writing, and specialty papers under brands like Cougar and Clarion.

domtar.com
2Packaging
TypeOne Time License
Description

Production and sale of recycled containerboard, performance linerboard, and performance medium for packaging applications.

domtar.com
3Pulp
TypeOne Time License
Description

Sale of fluff pulp and papergrade pulp to global markets. Domtar has a global footprint in pulp production serving businesses and consumers worldwide.

domtar.com
4Tissue
TypeOne Time License
Description

Production and sale of retail private label tissue and towels, retail branded tissue (Harmony brand), and away-from-home tissue products.

domtar.com
5Wood Products
TypeOne Time License
Description

Sale of lumber, remanufactured wood products, engineered wood products, and woodland operations including sustainable forest management.

domtar.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Pricing details1 tier
1Business-to-business transaction pricing
ModelOtherBilling cadenceMulti-year contract
Notes

No public pricing available; direct sales team handles quote-based pricing for enterprise and mid-market customers

domtar.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1Cougar
Description

Paper brand featuring writing, printing, and imaging papers

domtar.com
+4 more records
Core offering1 text field

Paper Excellence, through its subsidiary Domtar, manufactures and sells fiber-based products across five core categories: printing and specialty papers (Cougar®, Clarion™), tissue products (Harmony® branded retail, private label, and away-from-home), pulp (Lighthouse fluff pulp and papergrade pulp), recycled containerboard packaging (performance linerboard and performance medium), and wood products (lumber, engineered wood, and remanufactured wood). Production is supported by strategically located North American mills and an extensive logistics network serving enterprise customers, retail tissue buyers, and global pulp markets.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Domtar (owned by Paper Excellence) is a North American forest products company offering an integrated portfolio of paper, tissue, pulp, packaging, and wood products. The core product lines include paper (brands like Cougar® and specialty papers like Clarion™ POS Paper), tissue products under the Harmony® brand and private label programs, industrial pulp (fluff pulp under the Lighthouse brand and papergrade pulp), recycled containerboard packaging (linerboard and medium), and dimensional wood products (lumber, engineered wood, and remanufactured products). These products serve printing, publishing, retail, Away-From-Home, packaging, construction, and industrial markets across North America through a network of manufacturing facilities and distribution channels.

Product and service5 records
1Paper (Cougar® and Clarion™ lines)
CategoryPaper
2Tissue (Harmony® branded, private label, and away-from-home)
CategoryTissue
3Pulp (Lighthouse Fluff Pulp and Papergrade Pulp)
CategoryPulp
4Packaging (Performance Linerboard and Performance Medium)
CategoryPackaging
5Wood Products (Lumber, Engineered Wood, and Remanufactured Wood)
CategoryWood Products
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeOthers
Description

Domtar announced the conclusion of long-running litigations with Resolute and Greenpeace parties. This resolution ended legal disputes that were ongoing between the companies in the forest products industry.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Privately held Canadian forest products group with tissue, pulp and paper, packaging, and wood products — highly comparable diversified forest products portfolio and geography.

TypeDirect peer
Description

North American manufacturer of market pulp, tissue, wood products, and newsprint — direct overlap with Domtar's pulp, tissue, and wood segments and a recent litigation counterpart.

TypeDirect peer
Description

Major privately held North American producer of tissue, packaging, pulp, and building products — overlaps with Domtar across tissue, containerboard packaging, and fluff pulp end-markets.

TypeBroad incumbent
Description

Global consumer tissue and hygiene products major — overlaps with Domtar's Harmony retail tissue and Revo away-from-home tissue businesses, and is a major downstream buyer of fluff pulp (Lighthouse's end market).

TypeDirect peer
Description

US-focused containerboard and corrugated packaging producer with an integrated mill system — directly comparable to Domtar's packaging segment and a benchmark for recycled vs. virgin linerboard economics.

TypeDirect peer
Description

Leading global containerboard and corrugated packaging producer following Smurfit Kappa–WestRock merger — competes directly with Domtar's recycled containerboard (linerboard/medium) business and serves the same packaging converters and brand owners.

TypeBroad incumbent
Description

European-based global packaging and paper group with integrated pulp operations — comparable across containerboard, kraft paper, and pulp end-markets though with a different geographic focus.

TypeDirect peer
Description

One of the largest global pulp and paper manufacturers with major containerboard, printing/writing paper, and pulp operations — directly comparable across multiple of Domtar's product categories and end-markets.

TypeDirect peer
Description

Canadian-based forest products company producing tissue, packaging, specialty products, and recycled fiber — a North American peer with overlapping tissue, containerboard, and sustainable fiber offerings.

TypeBroad incumbent
Description

Largest global hardwood pulp producer and a major player in paper and packaging — a global incumbent comparable to Paper Excellence/Domtar's pulp operations and an emerging packaging competitor.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Paper Excellence

Pulp and Paper Manufacturingpaperexcellence.com

Paper Excellence, via subsidiary Domtar Corporation, is a privately held North American manufacturer of paper, packaging, pulp, tissue and wood products founded in 1848 and acquired in 2021. It serves enterprise converters, retailers, and construction buyers across the US and Canada.

What Paper Excellence does

Paper Excellence is the privately held parent of Domtar Corporation, a North American forest products manufacturer founded in 1848 and acquired by Paper Excellence (controlled by Jackson Wijaya) in 2021. The company produces an integrated portfolio spanning paper (brands including Cougar® and Clarion™), containerboard packaging (100% recycled linerboard and medium at the Kingsport Mill), pulp (Lighthouse® fluff pulp and papergrade pulp), tissue (retail private label, Harmony® branded, and away-from-home dispensers via Revo®), and wood products (lumber, engineered and remanufactured wood, and woodland operations). Operations span the United States and Canada with offices in Fort Mill (SC), Montreal (HQ, QC), and Richmond (BC), and manufacturing supported by an extensive North American logistics network.

Domtar generates revenue through direct B2B sales for paper, packaging, pulp and wood products, quote-based pricing under multi-year contracts with enterprise customers, and through branded retail and channel routes — Ariva and Xerox Paper (Canada/US) for paper distribution, and Resolute Tissue websites for Harmony® branded and private-label tissue. Customer segments include packaging converters, absorbent-product manufacturers, retailers, publishers/printers, and construction/wood-products buyers. Sustainability positioning, including a 2030 strategy and annual reporting, is a material element of the brand and customer value proposition.

The business model is industrial commodity manufacturing in cyclical end-markets. Revenue mechanics rely on physical-product sales rather than licensing or software, with capital intensity and mill scale serving as primary barriers to entry. Pricing is not publicly disclosed; transactions are negotiated via sales teams. Recent strategic signaling — including the conclusion of long-running Resolute and Greenpeace litigation, publication of the 2025 Sustainability Report and Q2 2026 strategy update, and the Clarion™ POS Paper launch — points to operational continuity and portfolio maintenance rather than aggressive top-line acceleration.

Paper Excellence firmographics

Firmographics
Name
Paper Excellence
Legal name
Domtar Corporation
Website
https://paperexcellence.com
Company type
Private
Founded year
1848
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Paper Excellence, via subsidiary Domtar Corporation, is a privately held North American manufacturer of paper, packaging, pulp, tissue and wood products founded in 1848 and acquired in 2021. It serves enterprise converters, retailers, and construction buyers across the US and Canada.
Ownership category
akta.pro rank

Paper Excellence industry classification

Industry
Product category
Pulp and Paper Manufacturing
NAICS
Paper Manufacturing (322), Paper Mills (322120), Paper Mills (32212), Pulp, Paper, and Paperboard Mills (3221), Pulp Mills (322110), Pulp Mills (32211), Sanitary Paper Product Manufacturing (322291), Other Paperboard Container Manufacturing (322219)
SIC
Paper Mills (2621), Pulp Mills (2611), Papers & Allied Products (2600), Paperboard Mills (2631), Paperboard Containers & Boxes (2650), Lumber & Wood Products (No Furniture) (2400)
akta.pro primary industry
Consumer Tissue Paper (Facial, Toilet, Paper Towels, Napkins) (IMAMAGAA)
akta.pro secondary industries
Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances) (IMAMAGAI), Pulp & Wood Fiber Trading (IMAMAIAE), Fiber Recycling & Pulping (Paper, OCC, Mixed Paper) (BPALADAD), Paper-Based Packaging & Single-Use Paper Products (Paper Bags, Wraps, Cartons) (CRADALAL), Colored, Art & Premium Paper Manufacturing (IMAMAEAG)

Keywords

  • Pulp manufacturing
  • Containerboard packaging
  • Tissue products
  • Specialty paper
  • Wood products

Where Paper Excellence is headquartered

Location

Headquarters

HQ city
Richmond
HQ country
Canada
HQ region
North America

Offices3 records

Markets served

Paper Excellence business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Paper Products: Manufacturing and sale of paper products including printing, writing, and specialty papers under brands like Cougar and Clarion.
  2. Packaging: Production and sale of recycled containerboard, performance linerboard, and performance medium for packaging applications.
  3. Pulp: Sale of fluff pulp and papergrade pulp to global markets. Domtar has a global footprint in pulp production serving businesses and consumers worldwide.
  4. Tissue: Production and sale of retail private label tissue and towels, retail branded tissue (Harmony brand), and away-from-home tissue products.
  5. Wood Products: Sale of lumber, remanufactured wood products, engineered wood products, and woodland operations including sustainable forest management.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractBusiness-to-business transaction pricing

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Paper Excellence product offering

Product offering

Core offering

Paper Excellence, through its subsidiary Domtar, manufactures and sells fiber-based products across five core categories: printing and specialty papers (Cougar®, Clarion™), tissue products (Harmony® branded retail, private label, and away-from-home), pulp (Lighthouse fluff pulp and papergrade pulp), recycled containerboard packaging (performance linerboard and performance medium), and wood products (lumber, engineered wood, and remanufactured wood). Production is supported by strategically located North American mills and an extensive logistics network serving enterprise customers, retail tissue buyers, and global pulp markets.

Product overview

Domtar (owned by Paper Excellence) is a North American forest products company offering an integrated portfolio of paper, tissue, pulp, packaging, and wood products. The core product lines include paper (brands like Cougar® and specialty papers like Clarion™ POS Paper), tissue products under the Harmony® brand and private label programs, industrial pulp (fluff pulp under the Lighthouse brand and papergrade pulp), recycled containerboard packaging (linerboard and medium), and dimensional wood products (lumber, engineered wood, and remanufactured products). These products serve printing, publishing, retail, Away-From-Home, packaging, construction, and industrial markets across North America through a network of manufacturing facilities and distribution channels.

Differentiator

Problem solved

Functional benefit

Brands

  • Cougar: Paper brand featuring writing, printing, and imaging papers
  • Clarion
  • Harmony
  • Revo
  • Lighthouse

Products and services

  • Paper (Cougar® and Clarion™ lines)
  • Tissue (Harmony® branded, private label, and away-from-home)
  • Pulp (Lighthouse Fluff Pulp and Papergrade Pulp)
  • Packaging (Performance Linerboard and Performance Medium)
  • Wood Products (Lumber, Engineered Wood, and Remanufactured Wood)

Companies that use Paper Excellence

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Paper Excellence technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Paper Excellence partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Resolute and Greenpeace (Litigation Resolution)minorOthersDomtar announced the conclusion of long-running litigations with Resolute and Greenpeace parties. This resolution ended legal disputes that were ongoing between the companies in the forest products industry.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Paper Excellence competitors and assessment

Company assessment

Direct peers

  • Kruger Inc. Privately held Canadian forest products group with tissue, pulp and paper, packaging, and wood products — highly comparable diversified forest products portfolio and geography.
  • Resolute Forest Products: North American manufacturer of market pulp, tissue, wood products, and newsprint — direct overlap with Domtar's pulp, tissue, and wood segments and a recent litigation counterpart.
  • Georgia-Pacific: Major privately held North American producer of tissue, packaging, pulp, and building products — overlaps with Domtar across tissue, containerboard packaging, and fluff pulp end-markets.
  • Packaging Corporation of America: US-focused containerboard and corrugated packaging producer with an integrated mill system — directly comparable to Domtar's packaging segment and a benchmark for recycled vs. virgin linerboard economics.
  • WestRock (Smurfit Westrock): Leading global containerboard and corrugated packaging producer following Smurfit Kappa–WestRock merger — competes directly with Domtar's recycled containerboard (linerboard/medium) business and serves the same packaging converters and brand owners.
  • International Paper: One of the largest global pulp and paper manufacturers with major containerboard, printing/writing paper, and pulp operations — directly comparable across multiple of Domtar's product categories and end-markets.
  • Cascades Inc. Canadian-based forest products company producing tissue, packaging, specialty products, and recycled fiber — a North American peer with overlapping tissue, containerboard, and sustainable fiber offerings.

Broad incumbents

  • Kimberly-Clark: Global consumer tissue and hygiene products major — overlaps with Domtar's Harmony retail tissue and Revo away-from-home tissue businesses, and is a major downstream buyer of fluff pulp (Lighthouse's end market).
  • Mondi Group: European-based global packaging and paper group with integrated pulp operations — comparable across containerboard, kraft paper, and pulp end-markets though with a different geographic focus.
  • Suzano: Largest global hardwood pulp producer and a major player in paper and packaging — a global incumbent comparable to Paper Excellence/Domtar's pulp operations and an emerging packaging competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Paper Excellence social profiles

Digital presence

Paper Excellence financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Paper Excellence leadership team

Management profile

Number of profiles

Paper Excellence subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Paper Excellence funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Paper Excellence M&A and investment

M&A and investment

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paper Excellence

What does Paper Excellence do?

Paper Excellence, through its subsidiary Domtar, manufactures and sells fiber-based products across five core categories: printing and specialty papers (Cougar®, Clarion™), tissue products (Harmony® branded retail, private label, and away-from-home), pulp (Lighthouse fluff pulp and papergrade pulp), recycled containerboard packaging (performance linerboard and performance medium), and wood products (lumber, engineered wood, and remanufactured wood). Production is supported by strategically located North American mills and an extensive logistics network serving enterprise customers, retail tissue buyers, and global pulp markets.

Is Paper Excellence a public or private company?

Paper Excellence is a private company. It is classified as corporate owned and is currently operating.

When was Paper Excellence founded?

Paper Excellence was founded in 1848. It employs 1,001 to 5,000 people.

Where is Paper Excellence based?

Paper Excellence is headquartered in Richmond, Canada, in the North America region.

How does Paper Excellence make money?

Five revenue lines are on record. Paper Products are the primary driver. The others are packaging, pulp, tissue and wood Products.

Who are Paper Excellence's main competitors?

Direct peers on record are Kruger Inc., Resolute Forest Products, Georgia-Pacific, Packaging Corporation of America, WestRock (Smurfit Westrock), International Paper and Cascades Inc.. Broad incumbents are Kimberly-Clark, Mondi Group and Suzano.

Does Paper Excellence have an API?

No public API is recorded for Paper Excellence.

What industry is Paper Excellence in?

Paper Excellence's product category is Pulp and Paper Manufacturing. Its primary akta.pro industry code is IMAMAGAA, Consumer Tissue Paper (Facial, Toilet, Paper Towels, Napkins), with a secondary code of IMAMAGAI, Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances). Its NAICS code is 322 and its SIC code is 2621.

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Live signals
pegnLarge deals set tone for acquisitions in 2025M&A volumes in Brazil totaled R$234 billion in 2025, broadly in line with 2024's R$231 billion, with energy and natural resources accounting for 52% of total deal value—the sector's largest volume in 15 years. Executives from major banks project approximately 10% growth in 2026 to roughly $55 billion, driven by lower interest rates and improved market conditions. Key 2025 transactions included J&F's purchase of Paper Excellence's stake in Eldorado, the Marfrig-BRF merger creating MBRF, Iberdrola's acquisition of Previ's stake in Neoenergia, and Prio's purchase of 40% of Equinor's Peregrino field.PR NewswireRichard Tremblay Appointed President of Pulp and Tissue Business Unit at Paper Excellence GroupPaper Excellence Group appointed Richard Tremblay as President of its pulp and tissue business unit, effective immediately. Tremblay previously served as Senior Vice President within the same unit and held leadership roles at Resolute Forest Products prior to its acquisition by Paper Excellence through subsidiary Domtar Corporation. The appointment consolidates management of legacy Resolute operations alongside Paper Excellence Canada's non-integrated pulp mills.GlobeNewswireThe Indigenous Women Entrepreneurship Fund is helping Indigenous businesswomen with innovative ideas, but little access to capital, grow and succeed as entrepreneurs.The Indigenous Women Entrepreneurship Fund, presented by LNG Canada and Paper Excellence, provides $2,000 grants to Indigenous women-owned businesses facing financing barriers. Applications are open until May 19, 2023, with 20 recipients selected via lottery. The fund is administered through CCAB's TFAB program.The Globe and MailAn Indonesian forestry giant becomes the new king of Canadian pulp (and paper)Paper Excellence Group, owned by Indonesian billionaire Jackson Widjaja, proposed a $2.7-billion takeover of Resolute Forest Products, which would make it Canada's largest pulp and paper producer. The deal, still under review by the Competition Bureau, would raise its industry share to 21%. Environmental groups have raised concerns about the company's opaque ownership and potential environmental impact.PR NewswireResolute Reports Third Quarter 2022 ResultsResolute Forest Products Inc. reported Q3 2022 net income of $87 million ($1.11 per diluted share), up from $80 million in Q3 2021, with sales of $974 million driven by higher pulp, paper, and tissue prices despite a $138 million EBITDA decline in wood products due to sharply lower lumber prices. Stockholders approved the acquisition by Paper Excellence Group (through subsidiary Domtar Corporation) on October 31, 2022, with closing expected in H1 2023 pending regulatory clearances. The company also disclosed a fire at its Menominee, Michigan recycled pulp mill in early October that temporarily idled the facility, though no injuries were reported and restart efforts are underway with insurance coverage in place.PR NewswireSHAREHOLDER ALERT: Weiss Law Reminds EGY, SMED, RFP, and CMAX Shareholders About Its Ongoing InvestigationsWeiss Law announced ongoing investigations into possible breaches of fiduciary duty by the boards of directors of four companies — VAALCO Energy, Sharps Compliance, Resolute Forest Products, and CareMax — in connection with separate proposed transactions. The investigations involve: EGY's acquisition of TransGlobe Energy (0.6727 share exchange ratio); SMED's tender offer by Aurora Capital Partners at $8.75 per share; RFP's acquisition by Paper Excellence Group subsidiary Domtar at $20.50 per share plus a CVR; and CMAX's transaction with Steward Health Care involving $25 million cash and 23.5 million Class A shares. Shareholders of each company are being notified of their rights and invited to contact the law firm.BloombergPaper Excellence to Buy Resolute Forest for $1.6 BillionPaper Excellence Group agreed to buy Resolute Forest Products for $1.6 billion in cash. Each Resolute shareholder receives $20.50 and a contingent value right on future softwood lumber duty deposit refunds. The deal follows tight North American paper supplies expected through 2023.PR NewswireSHAREHOLDER ALERT: WeissLaw LLP Reminds UFS, ADXS, QADA; QADB, and SNR Shareholders About Its Ongoing InvestigationsWeissLaw LLP issued a shareholder alert announcing ongoing investigations into possible breaches of fiduciary duty by the boards of Domtar Corporation, Advaxis Inc., QAD Inc., and New Senior Investment Group Inc. in connection with their respective proposed transactions. The four transactions under scrutiny are: Domtar's acquisition by privately held Canadian manufacturer Paper Excellence at $55.00 per share; Advaxis's stock-for-stock merger with privately held pharmaceutical company Biosight Ltd.; QAD's acquisition by private equity firm Thoma Bravo at $87.50 per share; and New Senior Investment Group's merger with Ventas Inc. at an implied per-share value of approximately $9.28. The law firm is inviting shareholders of these companies to contact them to discuss the investigations or their rights.PR NewswireSHAREHOLDER ALERT: WeissLaw LLP Reminds SPRT, MNR, UFS, and SOLY Shareholders About Its Ongoing InvestigationsWeissLaw LLP announced ongoing investigations into possible breaches of fiduciary duty by the boards of directors of four companies in connection with their respective proposed mergers: Support.com (being acquired by Greenidge Generation Holdings), Monmouth Real Estate Investment Corporation (being acquired by Equity Commonwealth), Domtar Corporation (being acquired by Paper Excellence), and Soliton, Inc. (being acquired by Allergan Aesthetics, an AbbVie company). The investigations are being conducted on behalf of shareholders, with the law firm inviting shareholders of each company to discuss their rights or concerns regarding the proposed transactions.PR NewswireLifshitz Law Firm, P.C. Announces Investigation of ALTA, BWL-A, CBAN, SCSG, CORE, PFGC, UFS, KIM, WRI, KNL, MLHR, LMNX, EBSB, and INDBLifshitz Law Firm, P.C. announced investigations into possible breach of fiduciary duties in connection with multiple corporate mergers and acquisitions, including ALTA with GBCI, BWL-A to Bowlero Corp, CBAN to SCSG, CORE with PFGC, UFS to Paper Excellence for $55.50/share, WRI and KIM, KNL and MLHR, LMNX to DiaSorin S.p.A. for $37.00/share, and INDB to EBSB. The law firm is seeking investors who may have information related to these transactions to contact them regarding potential legal recourse.