Mondi plc (LSE:MNDI) agreed to acquire Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) for $5 million on July 10, 2023. As part of the transaction, Mondi will enter into a long-term partnership with West Fraser to access local, high-quality fibre from a well-established wood basket. The acquisition is subject to customary regulatory clearance and is expected to close towards the end of 2023. TD Securities Inc. is acting as exclusive financial advisor and McMillan LLP is acting as legal advisor to West Fraser. Davies Ward Phillips & Vineberg LLP acted as legal advisor to Hinton Pulp.

Mondi plc (LSE:MNDI) completed the acquisition of Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) on February 3, 2024.