De Pere (WI) Paper Mill's New Name: Expera

KPS announced in April it was acquiring Thilmany Papers, which has mills in Kaukauna (WI) and De Pere (WI), from Packaging Dynamics. It announced previously it was buying Wausau Paper’s specialty paper business.

KPS now has definitive agreements to buy both operations it said in a statement Monday. The deal is expected to close by summer. “We are very excited to create Expera,” said Raquel Palmer, a representative with KPS, a New York-based private equity firm.

She said the combined operations of Wausau Paper and Thilmany will make Expera a leading manufacturer of specialty paper.