Tokyo-based Hokuetsu Kishu Paper Company recently announced the acquisition of Alpac Forest Products from Mitsubishi Corporation and Oji Holdings Corporation.
The purchase includes Alberta Pacific Forest Industries (Al Pac) pulp and woodlands operations based in Boyle, Alberta together with Alpac Pulp Sales Inc. located in Vancouver, British Columbia.
The Tokyobased company is the second largest fine paper manufacturing company in Japan.
Products mainly include printing and specialty paper products and paperboard.
“We are pleased to have Al Pac be part of our company’s growing network of global companies”, said Sekio Kishimoto, Hokuetsu President and Chief Executive Officer. “Al Pac’s reputation as a trusted producer of high quality hardwood pulp, environmental leadership in all facets of its operations along with a highly skilled and dedicated people is highly valued within our organization.”