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Article: Cascades acquires two paper recovery companies.(SONOCO RECYCLING CANADA, YORKSHIRE PAPER)
- Article from:
- Official Board Markets
- Article date:
- September 26, 2009
CopyrightCOPYRIGHT 2009 Questex Media Group, Inc. 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)
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Cascades, Kingsey Falls, Ontario, has acquired the Canadian assets of Sonoco Recycling, as well as the recovery assets of Yorkshire Paper Corp. through its subsidiary Metro Waste Paper Recovery. Terms were not disclosed.
Both companies provide the retail sector with on-site collection services of recyclable materials, such as corrugated containers, paper and plastics.
"These acquisitions are inline with our strategic objective of growing our business in Canada and in the northeastern United States," says Al Metauro, ceo of Metro Waste. "These assets perfectly complement our existing infrastructure and will allow us to better serve the diversion needs of ...