Domtar to Acquire Xerox's U.S. and Canadian Paper Business

MONTREAL, QC and NORWALK, CT—March 22, 2013—Domtar Corp., one of the largest manufacturers and distributors of paper in North America, has signed, through its operating subsidiaries, an agreement to acquire Xerox's paper and print media products business in the United States and Canada.

"The Xerox brand is well regarded in the paper markets it serves," said John D. Williams, Domtar's president and CEO. "This deal brings together Xerox's branded papers with Domtar's already comprehensive paper offering and will allow us to better serve our customers."