CASCADES SELLS RICHMOND PLANT FOR $65.5 MILLION — AND WHY THIS DEAL SAYS MORE THAN IT SEEMS At first glance, this looks like a standard transaction. One packaging group sells a corrugated plant to another. $65.5 million, production assets, land, buildings, equipment, customers — clean deal, clear number. But if you work in corrugated, you know this is not just another press release. Cascades Inc. has agreed to sell its Richmond, British Columbia corrugated facility to Crown Paper Group. The plant continues operating. No closures. No dismantling. No disruption of the customer base... Read more: https://corruga.expert/news/cascades-sells-richmond-plant-for-65-5-million-and-why-this-deal-says-more-than-it-seems/ #Cascades #CrownPaperGroup #corrugated #packaging #corrugaexpert