Accelerating demand drives Sustana acquisition

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Recycled fiber packaging producer Sustana Group has been acquired by a New York investment firm, which cited rising public interest in sustainability as a factor in the purchase.

Blackstone Tactical Opportunities on Dec. 1 announced its acquisition of De Pere, Wis.-headquartered Sustana, which operates paper mills in De Pere and Breakeyville, Quebec.

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Source: Resource Recycling

 

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