Pixelle acquires Appvion’s security papers business

Pixelle acquires Appvion’s security papers business
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Spring Grove, Pennsylvania-based Pixelle Specialty Solutions LLC says it has agreed to acquire the carbonless rolls and security papers business of Wisconsin-based Appvion Operations Inc., in a transaction expected to close in April. The purchase will not include “any Appvion production assets,” says Pixelle.

Carbonless rolls formerly manufactured by Appvion will be manufactured by the Pixelle specialty papers mill in Chillicothe, Ohio, and security papers formerly manufactured by Appvion will be manufactured by Pixelle or by what Pixelle calls its supply partners.

“As a leader in specialty solutions, Pixelle is well-positioned to incorporate this product portfolio into our business,” says Pixelle CEO Timothy Hess. “Pixelle welcomes the opportunity to serve these customers, who we believe will benefit from our experience in providing these technically demanding grades.

Pixelle, which includes assets of the former Glatfelter Specialty Papers, was formed in 2018 by Lindsay Goldberg, a private investment firm that describes itself as “partnering with business founders, families, and management teams to actively build their businesses.”

The company operates mills in Jay, Maine; Chillicothe, Ohio; Spring Grove, Pennsylvania; and in Stevens Point, Wisconsin, and uses predominantly virgin fibers. Appvion, which operates mills in , says on its website, “Recycled material has been used in some of our products for over 25 years.” Appvion says it operates a coating and converting plant in Appleton, Wisconsin, and what it calls a fully integrated pulp and paper mill in Roaring Spring, Pennsylvania.

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Source: Recycling Today
Pixelle acquires Appvion’s security papers business
<![CDATA[Spring Grove, Pennsylvania-based Pixelle Specialty Solutions LLC says it has agreed to acquire the carbonless rolls and security papers business of Wisconsin-based Appvion Operations Inc., in a transaction expected to close in April. The purchase will not include “any Appvion production assets,” says Pixelle.Carbonless rolls formerly manufactured by Appvion will be manufactured by the Pixelle specialty papers mill in Chillicothe, Ohio, and security papers formerly manufactured by Appvion will be manufactured by Pixelle or by what Pixelle calls its supply partners. “As a leader in specialty solutions, Pixelle is well-positioned to incorporate this product portfolio into our business,” says Pixelle CEO Timothy Hess. “Pixelle welcomes the opportunity to serve these customers, who we believe will benefit from our experience in providing these technically demanding grades.Pixelle, which includes assets of the former Glatfelter Specialty Papers, was formed in 2018 by Lindsay Goldberg, a private investment firm that describes itself as “partnering with business founders, families, and management teams to actively build their businesses.”The company operates mills in Jay, Maine; Chillicothe, Ohio; Spring Grove, Pennsylvania; and in Stevens Point, Wisconsin, and uses predominantly virgin fibers. Appvion, which operates mills in , says on its website, “Recycled material has been used in some…