Suzano S.A. (BOVESPA:SUZB3) agreed to acquire Pine Bluff and extrusion facility of Evergreen Packaging, LLC from Evergreen Packaging, LLC for $110 million on July 12, 2024. A cash consideration of $110 million will be paid by Suzano S.A. The transaction is subject to subject to antitrust regulations and regulatory approval. The Transaction is anticipated to close in the fourth quarter of 2024, subject to the satisfaction of customary closing conditions.

UBS Investment Bank Private Funds Group acted as financial advisor for Evergreen Packaging, LLC. Kevin Schmidt , Zhiyan Cao, David Iozzi, Molly Stockley, J. Michael Snypes Jr., Henry Lebowitz, Caroline Geiger, Michael Bolotin, Edward Rishty, Timothy McIver, Michael Shaper, Kyra Bromley, Leah Martin and Stuart Hammer. of Debevoise & Plimpton LLP acted as legal advisor to Evergreen Packaging, LLC.