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The board of directors led by Chairman Jim Osterman, on the other hand, decided in May 2000 to retain Gleacher & Co. as a financial advisor to pursue all options in increasing shareholder value, including fielding other offers for the business.
2000 – Cascades Rollpack SAS (Saulcy-sur-Meurthe et Châtenois, France) 2000 – Cascades Tissue Group – IFC Disposables Inc.
As a result of these divestitures, revenue in 2000 fell to $324.8 million and net income dipped below $5 million, declines that caused further concern in the investment community.
Lift Group attempted to lower its per share offer price to $15.75 from $17.25, prompting the Cascade board to decide in April 2001 to simply scuttle the acquisition.
Due to poor economic conditions, revenues fell to $252.7 million in 2002 before beginning to rebound.
Later in 2003 Cascade acquired Roncari S.r.L., a supplier of materials handling equipment to the Italian lift truck market.
2011 – Cascades Tissue Group – Papersource 2011 – Cascades Enviropac Aurora 2011 – Norcan Flexible Packaging Inc.
2018 – Cascades Moulded Pulp-Indiana, a division of Cascades Holding US Inc.
2019 – Cascades Tissue Group – Oklahoma 2019 – Cascades Tissue Group – South Carolina
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Commonwealth Technology | - | $22.7M | 56 | 2 |
| Hart InterCivic | 1912 | $43.4M | 50 | - |
| PrismHR | 1985 | $4.7M | 294 | 37 |
| Systems & Software | 1973 | $10.0M | 28 | 3 |
| Descartes Systems Group | 1981 | $325.8M | 1,601 | - |
| Buchanan & Edwards | 1997 | $68.1M | 43 | - |
| Newscycle Solutions | 2006 | $270.0M | 750 | - |
| Flatirons Solutions | 1995 | $37.5M | 50 | - |
| McLane Advanced Technologies | 2004 | $6.9M | 90 | 1 |
| Software Engineering Services | 1991 | $15.2M | 100 | - |
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Cascades Technologies may also be known as or be related to Cascades Technologies, Inc., Cascades Technologies and Cascades Technologies, Inc.