Companies that own and develop forest property provide a basic resource which is crucial to the pulp, paper and packaging industries.
Many states and pension funds have significant long term investments in the sector, which is primarily based in Northern Europe, the Americas and Asia.
The pulp and paper industry is a cyclical industry with relatively high earnings volatility and which is affected by changes in product prices and capacity utilisation rates. The sector has seen substantial recent consolidation. High energy prices and capacity shortages on key transportation routes are forcing paper producing companies to seek to reduce costs.
Linklaters advises forestry, paper and packaging companies on corporate M&A, restructuring, banking and finance and competition law throughout the world. The firm’s particular strength in the emerging economies of the BRIC nations, and its offices in São Paulo, Moscow and China, allows it to combine global industry expertise with unrivalled local knowledge.
Contact us
To discuss legal issues with Linklaters’ global forestry, paper & packaging team, please contact sector leaders Martin Börresen or Clodagh Hayes.
Find out more about Linklaters’ forestry, paper & packaging capabilities from sector manager Marie Sparréus on (46 8) 665 4174.
Recent forestry, paper and packaging transactions include advising:
- Sino-Forest Corporation on the acquisition of HKD 201m ordinary shares and convertible bonds in Omnicorp Limited. Sino-Forest Corporation, a leading commercial forestry plantation operator in China
- Sappi, a leading producer of coated fine paper, on the acquisition of the coated graphic paper business of Finnish manufacturer M-real Oyj for €750m
- Morgan Stanley Private Equity Asia on the acquisition of the Korean subsidiary of Norske Skog together with Shinhan Private Equity
- Group Portucel, leading European pulp and paper manufacturer, on its acquisition of a paper machine for the Group's new paper mill in Portugal