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Paper manufacturer completes 2 acquisitions
Updated 9:00 AM;
A York County paper manufacturer has announced the completion of two recent acquisitions.
Pixelle Specialty Solutions acquired specialty paper business Rollsource from the Veritiv Corporation on the last day of March. The acquisition of Rollsource includes the book of business primarily serving the forms printer market, and includes a converting facility in Pittsburg, Kansas.
On April 5, Pixelle also acquired Wisconsin-based Appvion Operations Inc.’s carbonless rolls and security papers business.
“The acquisition of Appvion’s carbonless rolls and security papers business will enable Pixelle to serve new customers with Pixelle’s portfolio of ExcelOne and Trans/Rite carbonless papers and broad line of Defensa security products,” the company said in a press release. “No production assets are included in the transaction. Pixelle will manufacture carbonless roll products for former Appvion customers at its Chi
Pixelle Acquires Two Specialty Papers Businesses
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Pixelle Specialty Solutions LLC (“Pixelle”) announced it has completed two strategic investments that will further strengthen its portfolio and enhance service to new and existing customers. On March 31, Pixelle acquired the specialty paper business Rollsource from Veritiv Corporation. On April 5, Pixelle acquired the carbonless rolls and security papers business from Appvion Operations Inc.
The acquisition of Rollsource includes the book of business primarily serving the forms printer market, and includes a converting facility in Pittsburg, KS. Pixelle will retain key Rollsource employees in order to ensure continuity in operations, sales and customer service.
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