Stratrix
On the Record · Billerud Americas

Billerud Americas acquisitions, on the record

The businesses Billerud Americas bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Androscoggin Mill located in Jay, Maine, and Stevens Point Mill, located in Stevens Point, Wisconsin
Word for word“Subsequent to December 31, 2019, on February 10, 2020, we closed the Pixelle Sale and sold all of the assets related to our Androscoggin Mill located in Jay, Maine, and Stevens Point Mill, located in Stevens Point, Wisconsin.” 10-K for 2019
divestitureFebruary 10, 2020—
Wickliffe Mill
Word for word“Other operating income for the year ended December 31, 2019 decreased $9 million compared to the year ended December 31, 2018 , as a result of the $9 million gain on the sale of our Wickliffe Mill in 2018” 10-K for 2019
divestiture2018—
Coated and Supercalendered Papers Division of International Paper
Word for word“We began operations on August 1, 2006, when we acquired the assets and certain liabilities comprising the business of the Coated and Supercalendered Papers Division of International Paper.” 10-K for 2019
acquisitionAugust 1, 2006—
Androscoggin and Stevens Point mills
Word for word“In 2020, our net cash provided by investing activities of $303 million consisted primarily of $345 million in net proceeds from the sale of our Androscoggin and Stevens Point mills, partially offset by $48 million of capital expenditures.” 10-K for 2020
divestiture—$345 million
hydroelectric facilities
Word for word“Other operating (income) expense for the period from January 1, 2016 to July 14, 2016 (Predecessor) primarily reflects the gain on sale of hydroelectric facilities in January 2016.” 10-K for 2020
divestitureJanuary 2016—
Verso Corporation (to be acquired by BillerudKorsnäs AB through a merger)
Word for word“On December 19, 2021, or the “Agreement Date,” we entered into an Agreement and Plan of Merger, or the “Merger Agreement,” with BillerudKorsnäs Inc., a Delaware corporation, or the “Parent,” West Acquisition Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent, or “Merger Sub,” and, solely for purposes of certain sections thereof (as specified therein), BillerudKorsnäs AB, a Swedish limited company, which we refer to as “Guarantor” or “BillerudKorsnäs.”” 10-K for 2021
agreed acquisitionDecember 19, 2021—
Duluth Mill
Word for word“On May 13, 2021, Verso Minnesota Wisconsin LLC, an indirect wholly owned subsidiary of Verso, entered into an asset purchase agreement with ST Paper 1, LLC and sold all of the assets primarily related to our Duluth Mill located in Duluth, Minnesota for $7 million in cash less costs to sell of $1 million.” 10-K for 2021
divestitureMay 13, 2021$7 million in cash less costs to sell of $1 million

Deal filings since 2016

Read from Billerud Americas’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.