|
|
Article: Cascades Announces Two Acquisitions in the Recovery Sector.
- Article from:
- Science Letter
- Article date:
- October 6, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Cascades (CAS on the Toronto Stock Exchange), a leader in the recovery of recyclable materials and manufacturing of green packaging and paper products, announced the acquisition of the Canadian assets of Sonoco Recycling, as well as the recovery assets of Yorkshire Paper Corporation through its subsidiary Metro Waste Paper Recovery. Both companies provide the retail sector with on-site collection services of recyclable materials, such as corrugated containers, paper and plastics (see also Cascades INC.).
"These acquisitions are in line with our strategic objective of growing our business in Canada and in the northeastern United States. These assets perfectly ...