Crown Packaging purchased a corrugated packaging plant at 3300 Viking Way in Richmond, British Columbia, for $65.5 million from Canadian packaging and paper products firm Cascades. The sale included the real estate, which traded for $43 million, along with working capital adjustments and the assumption of certain liabilities.
Looking to optimize operations, reduce debt, Cascades finds buyer for Vancouver-area packaging plant
Crown Paper Group acquires corrugated packaging facility for a total of $65.5 million
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IN THIS ARTICLE
- Properties
- Companies
- Crown Packaging
Services
- Cascades
Manufacturing