Debevoise & Plimpton LLP is advising Pactiv Evergreen (NASDAQ: PTVE) in the sale of its Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility, to Suzano. For more information, please see the company’s press release.

Pactiv Evergreen is a manufacturer and distributor of fresh foodservice, food merchandising products and beverage cartons in North America. Suzano is a sustainable paper producer and pulp manufacturer.

The Debevoise team is led by M&A partner Kevin Schmidt and includes counsel Zhiyan Cao, David Iozzi and Molly Stockley, associates Alex Altieri, Katherine Cappeller, Jasmine Fong, Satyen Gupta, Katrina Mari Kaczynski and Charlotte Walkovik, employee benefits and executive compensation partner J. Michael Snypes Jr. and associates David Deutsch and Ally Farley, intellectual property partner Henry Lebowitz, counsel Caroline Geiger, associates Katelyn Bryant and Dylan Sanders and law clerk Lynn-Saskya Toussaint, tax partner Michael Bolotin and associate Jay Evans, real estate partner Edward Rishty and associate Hymie Anteby, antitrust partners Timothy McIver and Michael Schaper, counsel Kyra Bromley and Leah Martin and associate Emily Harris and environmental counsel Stuart Hammer.