Cascades announces the sale of its Richmond, British Columbia, packaging plant to Crown Paper Group
Prnewswire·2026-01-29 22:00

KINGSEY FALLS, QC, Jan. 29, 2026 /PRNewswire/ - Cascades Inc. (TSX: CAS) announces that it has entered into an agreement with Crown Paper Group ("Crown") for the sale of its corrugated packaging plant located in Richmond, British Columbia, for a total value of $65.5 million, including the real estate assets and subject to working capital adjustments and the assumption of certain liabilities. The transaction is expected to be completed in the coming days, subject to customary closing conditions and adjustme ...