Announced
Completed
Financials
Sources
Tags
Majority
Acquisition
Completed
packaging solutions
Containers and Packaging
Friendly
containerboard
Private
Private Equity
United States
Domestic
Single Bidder
Synopsis
Atlas Holdings, a diversified group of manufacturing, distribution, service and trading businesses, completed the acquisition of Crown Paper Group, an integrated mill and containerboard operation with a strategic presence in the growing markets of the Pacific Northwest and Western Canada. Financial terms were not disclosed. "It's always an exciting day when we can welcome a great paper and packaging company to the Atlas Family of manufacturing, distribution, and logistics businesses. Atlas planted its roots in paper when we were founded with the purchase of a single corrugated medium mill in Indiana, preserving jobs and transforming operations to lay a strong foundation for future growth. Now, more than two decades later, paper, packaging and allied industries remain an important and growing sector for Atlas. We're thrilled to welcome the Crown team and excited to get to work in building an even stronger company," Tim Fazio, Atlas Co-Founder and Managing Partner.
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