Paper and tissue manufacturer Wausau Paper (NYSE: WPP), Mosinee, WI, has agreed to be acquired by SCA, Stockholm, Sweden, for $513 million.

"The acquisition of Wausau Paper is an excellent strategic fit and strengthens our presence in North America," said Magnus Groth, president and CEO of SCA. "The Wausau Paper product portfolio complements SCA’s offerings in North America and gives us access to premium tissue in that region.”