Lignetics Acquires Fiber By-Products

EagleTree Capital Acquires Lignetics from Taglich Private Equity and Mill Road Capital

November 1, 2021

Consumer Products

EagleTree Capital, on behalf of its EagleTree Partners V fund, has acquired Lignetics Inc. from Taglich Private Equity and Mill Road Capital. Lignetics — the largest consumer-focused wood pellet manufacturer in the U.S., headquartered in Louisville, Colorado — will serve as a new platform investment for EagleTree; co-investors include Alpha Associates, Bullingham Capital, Farol Asset Management, Manulife Investment Management, Misland Capital, Northwestern Mutual Capital, and Thrivent Financial. Terms were not disclosed; Lignetics operates 22 plant locations (U.S. and Canada) with ~1.4M tons annual production capacity and brands across residential heating, BBQ pellets and pet litter.

Lignetics Acquires Great Lakes Renewable Energy

March 31, 2021

Manufacturing

Lignetics, a portfolio company of Taglich Private Equity, acquired Great Lakes Renewable Energy (GLRE), a Hayward, Wisconsin-based wood pellet manufacturer, in a transaction that closed March 31, 2021. The deal adds GLRE's Lumber Jack Grilling Pellets brand and unique round-log 5.5mm pellet capacity to Lignetics' portfolio, expanding its grilling and consumer pellet offerings.

Abet Laminati Acquires Fiberesin Industries

August 31, 2022

Building Products

Italian decorative laminate manufacturer Abet Laminati has acquired Fiberesin Industries, Inc., a U.S.-based maker of solid phenolic panels and laminated products. The deal gives Abet a U.S. manufacturing platform and is expected to enable product cross-selling, shared R&D and complementary sales channels between the businesses.

International Paper Acquires Berkley Molded Fiber Division

February 24, 2021

Manufacturing

The International Paper Company has acquired Berkley International's Molded Fiber manufacturing division, Berkley MF LLC, from Berkley International. The deal transfers an 80,400 sq. ft. molded fiber plant (located outside Reno, Nevada) and capabilities for sustainable molded-pulp packaging to International Paper; the purchase price was not disclosed.

Tekni-Plex Acquires Assets and Technologies of Fibro Corporation

January 19, 2022

Manufacturing

Tekni-Plex has acquired the assets and licensed technologies of Fibro Corporation, a Tacoma, Washington-based molded-fiber packaging developer, and folded the resources into its Dolco Packaging business. The acquisition expands Tekni-Plex's pulp-based and sustainable packaging capabilities for fresh food applications, enabling broader product offerings beyond egg cartons and meat trays.

B2B Industrial Packaging (GenNx360) Acquires Fibers of Kalamazoo

February 16, 2021

Industrial Services

GenNx360 Capital Partners' portfolio company B2B Industrial Packaging has acquired Fibers of Kalamazoo, a Michigan-based supplier of packaging equipment, supplies and tool repair services. The deal is B2B's second add-on since GenNx360's investment in October 2020 and is intended to expand the platform's regional footprint and service capabilities in industrial packaging.