paper

Chesapeake sold for $485 million, HQ moving to UK

Chesapeake Corp., the Richmond-based paper packaging company, announced today its planned acquisition by New York-based Irving Place Capital Management and Los Angeles-based Oaktree Capital Management has been completed for $485 million. The company’s headquarters will move from Richmond to Amersham in the United Kingdom. The company, which began as a pulp mill in West Point,… Read more »