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On the Record · Resolute Forest Products

Resolute Forest Products acquisitions, on the record

The businesses Resolute Forest Products 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
U.S. Sawmill Business (three sawmills in Cross City, Glenwood and El Dorado, acquired from Conifex Timber Inc.)
Word for word“The fair value of the consideration, paid in cash, for the acquired U.S. Sawmill Business was $173 million.” 10-K for 2020
acquisition—$173 million
Tissue converting facility in Hagerstown, Maryland
Word for word“In December 2020, we completed the acquisition of a tissue converting facility located in Hagerstown, Maryland, with three bath tissue and towel converting lines.” 10-K for 2020
acquisitionDecember 2020—
Augusta paper mill (Georgia)
Word for word“the sale of the Augusta paper mill for total cash consideration of $ 10 million, resulting in a net gain of $ 9 million; and the sale of the Thorold paper mill for total cash consideration of $ 4 million, resulting in a net gain of $ 2 million.” 10-K for 2020
divestiture——
Thorold paper mill
Word for word“the sale of the Thorold paper mill for total cash consideration of $ 4 million, resulting in a net gain of $ 2 million.” 10-K for 2020
divestiture——
Paper and pulp mill at Catawba (South Carolina)
Word for word“the sale of the paper and pulp mill at Catawba (South Carolina) for total cash consideration of $ 280 million, resulting in a net gain of $ 101 million; and the sale of the recycled bleached kraft pulp mill at Fairmont (West Virginia) for total cash consideration of $ 62 million, resulting in a net gain of $ 40 million.” 10-K for 2020
divestiture——
Recycled bleached kraft pulp mill at Fairmont (West Virginia)
Word for word“the sale of the recycled bleached kraft pulp mill at Fairmont (West Virginia) for total cash consideration of $ 62 million, resulting in a net gain of $ 40 million.” 10-K for 2020
divestiture——
Remaining 50% equity interest in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership
Word for word“On February 14, 2022, we entered into an agreement with Louisiana-Pacific Canada Ltd., a wholly-owned subsidiary of Louisiana-Pacific Corporation, to acquire the remaining 50 % equity interest in two joint ventures that produce I-joists for a cash consideration of $ 50 million, subject to customary adjustments.” 10-K for 2021
agreed acquisitionFebruary 14, 2022$ 50 million
Augusta paper mill
Word for word“During 2020, we recorded a net gain on disposition of assets of $ 11 million, which included: the sale of the Augusta paper mill for total cash consideration of $ 10 million, resulting in a net gain of $ 9 million; and the sale of the Thorold (Ontario) paper mill for total cash consideration of $ 4 million, resulting in a net gain of $ 2 million.” 10-K for 2021
divestiture—$ 10 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$0
2017-12-31$0
2018-12-31$0
2019-12-31$0
2020-12-31$172 million
2021-12-31$0

Deal filings since 2016

Read from Resolute Forest Products’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 2022-03-01. 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.