Date Closed

December 29, 2006

Lead Office

Montréal

On December 29, 2006 Cascades Inc. completed the purchase of Domtar Inc.’s 50% equity interest in Norampac Inc. for $560 million, becoming the sole shareholder of Norampac Inc.  Cascades Inc. is a North American leader in the production, converting and marketing of packaging products, fine paper and tissue paper.  Norampac Inc. is Canada’s foremost manufacturer of linerboard and corrugated medium, and one of North America’s leaders in corrugated products.

McCarthy Tétrault LLP advised the syndicate of lenders with a team led by Michel Deschamps.