Domtar Completes Sale of Ariva Business in U.S.
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Domtar Corp., Montreal, Que., Canada, has closed the previously announced sale of its Ariva business in the U.S. The purchaser is privately-held Central National-Gottesman Inc., and the business will be integrated into Lindenmeyr Munroe, a division of Central National-Gottesman.
Ariva's Canadian operations are not affected by the transaction and will be consolidated into Domtar's Pulp and Paper Division.
Domtar designs, manufactures, markets, and distributes a wide variety of fiber-based products including communication papers, specialty and packaging papers, and absorbent hygiene products. The foundation of its business is a network of world class wood fiber converting assets that produce paper grade, fluff, and specialty pulps. The majority of its pulp production is consumed internally to manufacture paper and consumer products. Domtar is the largest integrated marketer of uncoated free sheet paper in North America.
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