Wisconsin Ag News Headlines
Papers Mills in De Pere, Kaukauna Being Sold to Equity Firm
Wisconsin Ag Connection - 04/24/2013
A private equity firm from New York hopes to form the larger paper company in Wisconsin when it buys the Thilmany Paper operations in De Pere and Kaukauna.
The new venture will be called KPS Capital Partners LP. The same group is in the process of acquiring mills in Mosinee and Rhinelander from Wausau Paper.
According to reports, KPS will supply packaging and specialty paper to its customers.
The firm plans to have a total workforce of around 1,800 employees within its Wisconsin facilities.
Terms of the Thilmany Paper buyout have not been disclosed.
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