On the Record · Kapstone Paper & Packaging
Kapstone Paper & Packaging acquisitions, on the record
The businesses Kapstone Paper & Packaging 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
| Business | Deal | When | Value |
|---|---|---|---|
Kraft Papers Business (KPB) from International Paper CompanyWord for word“On January 2, 2007, we acquired from International Paper Company substantially all of the assets and assumed certain liabilities of the Kraft Papers Business ("KPB") for $155.0 million, less $7.8 million of working capital adjustments.” 10-K for 2015 | acquisition | On January 2, 2007 | $155.0 million, less $7.8 million of working capital adjustments |
Charleston Kraft Division (CKD) from MeadWestvaco CorporationWord for word“On July 1, 2008, we acquired from MeadWestvaco Corporation ("MWV") substantially all of the assets and assumed certain liabilities of the Charleston Kraft Division ("CKD") for $485.0 million (net of cash acquired of $10.6 million), less $8.9 million of working capital adjustments.” 10-K for 2015 | acquisition | On July 1, 2008 | $485.0 million (net of cash acquired of $10.6 million), less $8.9 million of working capital adjustments |
dunnage bag business to Illinois Tool Works Inc.Word for word“On March 31, 2009, we completed the sale of our dunnage bag business to Illinois Tool Works Inc. for $36.0 million, less $1.1 million of working capital adjustments.” 10-K for 2015 | divestiture | On March 31, 2009 | $36.0 million, less $1.1 million of working capital adjustments |
U.S. Corrugated Acquisition Inc. (USC)Word for word“On October 31, 2011, we acquired U.S. Corrugated Acquisition Inc. ("USC") pursuant to a merger for $330.0 million in cash plus $1.9 million of working capital adjustments.” 10-K for 2015 | acquisition | On October 31, 2011 | $330.0 million in cash plus $1.9 million of working capital adjustments |
Longview Fibre Paper and Packaging, Inc. (Longview)Word for word“On July 18, 2013, we acquired 100 percent of the stock of Longview Fibre Paper and Packaging, Inc., ("Longview") for $1.025 billion plus $41.5 million of working capital adjustments.” 10-K for 2015 | acquisition | On July 18, 2013 | $1.025 billion plus $41.5 million of working capital adjustments |
Victory Packaging, L.P. and its subsidiaries (Victory)Word for word“On June 1, 2015, we acquired 100 percent of the partnership interests in Victory Packaging, L.P. and its subsidiaries ("Victory") for $615.0 million in cash and $2.0 million of working capital adjustments.” 10-K for 2015 | acquisition | On June 1, 2015 | $615.0 million in cash and $2.0 million of working capital adjustments |
Central Florida Box Corporation (CFB)Word for word“On July 1, 2016, the Company acquired 100 percent of the common stock of Central Florida Box Corporation ("CFB"), a corrugated products manufacturer located near Orlando, Florida, for $15.4 million, net of cash acquired.” 10-K for 2016 | acquisition | On July 1, 2016 | $15.4 million, net of cash acquired |
49 percent equity interest in a sheet feeder operation located in FloridaWord for word“On September 1, 2016, the Company made a $10.6 million investment for a 49 percent equity interest in a sheet feeder operation located in Florida.” 10-K for 2016 | agreed acquisition | On September 1, 2016 | $10.6 million investment |
inflatable dunnage bag business, sold to Illinois Tool Works Inc.Word for word“On March 31, 2009, we completed the sale of our inflatable dunnage bag business to Illinois Tool Works Inc. for $36.0 million, less $1.1 million of working capital adjustments.” 10-K for 2017 | divestiture | March 31, 2009 | $36.0 million |
Associated Packaging, Inc. and Fast Pak, LLC (API)Word for word“On February 1, 2017, the Company acquired the assets of Associated Packaging, Inc. and Fast Pak, LLC (together, "API") with operations located in Greer, South Carolina for $33.5 million.” 10-K for 2017 | acquisition | February 1, 2017 | $33.5 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $15.4 million |
| 2017-12-31 | $33.5 million |
Deal filings since 2016
- 2018-11-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Kapstone Paper & Packaging’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-23. 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.