6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
The transaction also includes a supply agreement under which Wausau will manufacture and supply certain products to Neenah Paper during a transition period.
Annual sales from the purchased brands are estimated to be approximately $100 million.
“The transaction strengthens our leadership position in the premium papers market, while providing future growth opportunities in new channels such as retail," said Neenah CEO John O'Donnell. "By leveraging our existing infrastructure to make and sell these profitable brands, this transaction will also create significant value for our shareholders."