McKinley Paper (Bio Pappel) Acquires Midwest Paper Group from Industrial Opportunity Partners
February 8, 2022
Industrial Opportunity Partners has completed the sale of portfolio company Midwest Paper Group Holdings, Inc. to McKinley Paper Company, a subsidiary of Bio Pappel S.A. de C.V.; terms were not disclosed. Midwest Paper is a Combined Locks, Wisconsin-based manufacturer of recycled containerboard and recycled bag products, and the divestiture represents IOP’s first realization from its third fund.
- Buyers
- McKinley Paper Company, Bio Pappel S.A. de C.V.
- Targets
- Midwest Paper Group Holdings, Inc.
- Sellers
- Industrial Opportunity Partners
- Industry
- Packaging
- Location
- Wisconsin, United States
- Transaction Type
- Divestiture
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