Building supply giant Georgia-Pacific to be acquired by Koch for $21 billion
Georgia-Pacific Corp., a paper products company that also supplies products to the flooring industry, has agreed to be acquired by Koch Industries for about $21 billion. Koch, based in Wichita, manufactures flooring fibers, pulp and paper, and operates a range of business including refineries and pipelines.
When finalized, the deal stands to create the nation's biggest private company. It will also give Georgia-Pacific a greater level of vertical integration and a steady source of raw material.