Firming its foot in Indian paper industry, US-based International Paper, which last year acquired Andhra Paper Mills for about Rs 1,900 crore, is now in talks to acquire West Coast Paper Mills for a deal which is likely to be valued between Rs 800 crore- 1,200 crore, as mentioned in a media report.
International Paper is a global leader in the paper and packaging industry with manufacturing operations in North America, Europe, Latin America, Asia and North Africa.
West Coast Paper Mills, flagship company of Kolkata based- SK Bangur Group, is one of the oldest and largest producers of paper for printing, writing, and packaging in India. Company’s paper mill is located at Dandeli in Karnataka near the banks of River Kali.
