DOW JONES NEWSWIRES

Cascades Inc. (Toronto:CAS) (CAS.T) has completed the previously announced acquisition of the Sprague (Connecticut) coated recycled board mill from Caraustar Industries Inc. (NASDAQ-NMS:CSAR) (CSAR) for $14.5 million.

The Sprague mill will now operate under the name Cascades Boxboard Group- Connecticut LLC, Versailles Mill.

Cascades, Kingsey Falls, Que., produces, transforms and markets packaging products, tissue paper and fine papers, composed mainly of recycled fibres.

-Wendy Tsau; 416-306-2100; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   07-19-06 1339   Copyright (c) 2006 Dow Jones & Company, Inc.