Koch Forest Products Inc., an indirect wholly-owned subsidiary of Koch Industries Inc. based in Witchita, KS, has reached a definitive merger agreement to acquire Georgia-Pacific of Atlanta.Koch Forest Products Inc., an indirect wholly-owned subsidiary of Koch Industries Koch Industries, Inc. (pronounced "koke") is a private corporation based in Wichita, Kansas. According to Forbes Magazine, it is the largest privately owned company in the world by revenue (surpassing Cargill in 2005 with the acquisition of Georgia-Pacific), with subsidiaries Inc. based in Witchita, KS, has reached a definitive merger agreement to acquire Georgia-Pacific of Atlanta. The transaction is valued at $21 billion. Koch owns a diverse group of companies engaged in trading, operations and investments worldwide in such industries as pulp and paper, petroleum, fertilizers, ranching, and securities and finance. G-P G-P Gel'fand - Pinsker (channel code) , which had sales of approximately $20 billion in 2004, employs 55,000 people at more than 300 locations in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. In addition to manufacturing lumber and building materials, G-P's products include the familiar consumer brands Angel Soft, Quilted Northern, Brawny brawn·y adj. 1. Strong and muscular. 2. Hardened; calloused. and Vanity Fair. |
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