Cascades Inc. (Cascades), along with its subsidiaries produces, converts and markets packaging and tissue products composed mainly of recycled fibers. The Company�s operates in four segments: North American and European boxboard, North American Containerboard, Specialty Products (which consists of the packaging products of the Corporation) and Tissue Papers. In April 2012, it announced the consolidation of its corrugated product plants in its Norampac division in Ontario. In April 7, 2011, it acquired 3.36% interest of Reno de Medici S.p.A. On September 15, 2011, it acquired partition board manufacturing assets of Packaging Dimension Inc. On November 1, 2011, it acquired the remaining 50% of shares of Papersource Converting Mill Corp. On May 31, 2011, it acquired Genor Recycling Services Ltd. and 533784 Ontario Limited. In August 2012, the Company announced the closure of the Cascades Tissue Group plant located in Scarborough (McNicoll Street) in Toronto.