Behrens Investment Group Acquires Gorham Paper & Tissue (White Mountain Tissue)

Marcal Paper Acquires St. Catharines Tissue Mill

May 8, 2026

Manufacturing

Marcal Paper has completed its acquisition of the St. Catharines Tissue Mill, a premium Through-Air-Dried (TAD) tissue and specialty paper producer located in St. Catharines, Ontario. The mill was previously owned by BiOrigin Specialty Products, and terms of the transaction were not disclosed.

Fedrigoni Group Acquires Certain Assets of Mohawk Fine Papers

February 26, 2024

Manufacturing

Fedrigoni Group has acquired certain assets of US-based Mohawk Fine Papers and integrated them into its Special Papers division. Financial terms were not disclosed; Fedrigoni said the deal strengthens its position in the North American specialty fine papers market and reflects a shared commitment to innovation and sustainability.

American Exchange Group Acquires White Mountain Footwear

January 17, 2023

Consumer Products

American Exchange Group has acquired White Mountain Footwear, a 40-year-old women’s footwear brand, to integrate its sourcing, manufacturing and management capabilities and expand distribution across the buyer’s existing retail channels. The acquisition will allow American Exchange Group to leverage synergies with its Aerosoles business, broaden product categories (including the Cliffs sister brand) and increase White Mountain’s reach into mass retailers and e-commerce.

Marcal Paper Acquires von Drehle Corporation

December 22, 2022

Manufacturing

Marcal Paper has acquired von Drehle Corporation, a provider of towel and tissue products for the away-from-home market. Von Drehle will operate as a division of Marcal, expanding Marcal's manufacturing footprint and scale across the East Coast and nationwide; financial terms were not disclosed.

New State Capital Partners Takes Majority Stake in Wilmington Paper

November 12, 2021

Environmental Services

New State Capital Partners (via an affiliate) has made a majority equity investment in Wilmington Paper Corp., a recovered-fiber processor and intermediary headquartered in New Jersey. Management, led by CEO Stuart Lurie, retained a substantial minority stake; New State said it will support organic growth, technology and logistics investments, and pursue add-on acquisitions to extend the company's reach.

H.I.G. Capital Acquires Jackson Paper Manufacturing and Sustainable Corrugated

September 1, 2021

Packaging

H.I.G. Capital has completed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM). JPM, headquartered in Sylva, North Carolina, is a vertically integrated manufacturer of 100% recycled corrugated packaging operating four facilities and employing more than 200 people; H.I.G. will partner with management to accelerate the company's growth and expand its sustainable packaging capabilities.