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Sustana Acquires Hanna Paper

08.03.23

Simpson Thacher represented Sustana Group (“Sustana”) in connection with its debt financing for the acquisition of Hanna Paper (“Hanna”). Proceeds of the debt financing were utilized to finance the acquisition.

Sustana, a leader in the sustainable fiber and paper industry, proudly provides innovative and sustainable recycled fiber and paper solutions for customers throughout North America, through a comprehensive portfolio of brands.

Hanna was founded in 1977 and is committed to providing wastepaper management solutions that meet the specific needs of each customer.

The Simpson Thacher team included Brian Gluck, Tina Zheng, Austin Vance and Daniel Westen (Banking & Credit).