Empresas CMPC S A : Material Fact - Powell Valley Acquisition
June 01, 2023
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Santiago, June 02nd, 2023
Messrs.
Commission for the Financial Market
MATERIAL FACT
Empresas CMPC S.A.
Securities Registry Number Nº115
Dear Sirs:
Pursuant to articles 9 and 10, second paragraph of the Securities Market Law, and the General Rule Number 30 of the Commission for the Financial Market, I hereby inform you as a material fact that Empresas CMPC S.A. ("CMPC"), yesterday, agreed to a contract for the purchase of the company Powell Valley, in the state of Kentucky, United States of America, hereinafter the "Transaction".
Powell Valley is a North American company dedicated to the development, production, and commercialization of interior trims and other specialized wood products and has two production facilities, located in Clay City and in Jeffersonville, both in the state of Kentucky.
The agreed price for the company is US$ 40 million, which will be paid on the closing date of the Transaction and is to the usual price adjustments in this type of operation. It is estimated that the acquisition will impact positively CMPC's results, without prejudice now not possible to quantify.
Sincerely,
Francisco Ruiz-Tagle Edwards
CEO
EMPRESAS CMPC S.A.
c.c.:
Bolsa de Comercio de Santiago, Bolsa de Valores
Bolsa Electrónica de Chile, Bolsa de Valores
Comisión Clasificadora de Riesgo
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Empresas CMPC SA published this content on 02 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2023 11:21:09 UTC.
Empresas CMPC SA is a Chile-based company primarily engaged in the paper products industry. The Companyâs activities are divided into five business segments: Forestry, which includes products that are logs for the manufacturing of cellulose pulp and solid lumber products, such as sawn lumber, remanufactured products and plywood boards; Pulp, which provides pulp manufactured in production lines in Chile and Brazil; Paper, which focuses on the production and marketing of cardboard, paper for corrugation , industrial-use paper and newsprint; Tissue, which is responsible for producing and selling tissue, sanitary and specialized hygienic products, such as toilet paper, napkins, baby diapers and facial tissues, and Other, which includes general administrative services. The Company operates in Argentina, Colombia, Mexico, Peru and Ecuador, among others. It controls a number of subsidiaries, such as CMPC Celulosa SA, Cartulinas CMPC SA, Chimolsa SA La Papelera del Plata SA.
EMPRESAS CMPC S.A. 
