Uniboard completes sale of Moncure complex

Uniboard Canada, which is part of Pfleiderer, wrapped up the sale of its particleboard and MDF complex in Moncure, North Carolina to a subsidiary of Paneles Arauco. The Moncure mill does business as Uniboard USA. CIBC World Markets and Morrison Cohen advised Uniboard and Pfleiderer on legal issues connected to the contract negotiations and closing of the transaction.

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