Jackson Wijaya aims to consolidate control over Domtar (formally Paper Excellence) and Asia Pulp & Paper, after both companies spent years denying they were linked.
The owner of Canada’s largest forestry company has moved to openly take control of a massive pulp and paper empire spanning Asia, the Americas and Europe.
Domtar did not immediately respond to questions about the move to consolidate ownership under Wijaya. Canada’s Competition Bureau has repeatedly investigated and cleared Paper Excellence’s acquisitions. It’s not clear how the bureau will respond to Wijaya's move to control both Domtar and APP. Glacier Media has reached out to the bureau for comment and is waiting to hear back.
As part of their initial investigation, ICIJ partners interviewed former employees and reviewed leaked emails suggesting staff worked freely between Paper Excellence and APP. The ICIJ consortium of media outlets also used shipping records and satellite tracking technology to trace one of Paper Excellence’s pulp shipments from B.C. to Shanghai through an APP-linked logistics company.
“So the idea that they would be the puppet masters, I have to say, seems inconceivable,” said Williams. The 2022 report, Papering Over Corporate Control, suggests a nexus of connections linking the two companies. Among them, Jackson Wijaya was found to have held key management positions in APP China while maintaining his position as owner of Paper Excellence.
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