Brazilian pulp maker Suzano (SUZ) is eyeing Clearwater Paper (CLW) in line with strategy to scale up in rapidly growing markets, Valor’s Stella Fontes and Helena Benfica report. The potential acquisition of Clearwater Paper by Suzano would expand the Brazilian pulp maker’s presence in the U.S. consumer packaging and food service market, where it made its debut this year by purchasing two factories from Pactiv Evergreen, the authors note.
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