Neenah to Acquire Premium Brands from Wausau Paper
The purchase would be financed through existing credit facilities and operating cash flows. Closing is expected to occur on Jan. 31, 2012 and additional details will be shared at that time.
About Neenah Paper
Neenah Paper is a leader in premium image and performance-based products, including filtration, specialized substrates used for tapes, labels and other products, and high-end printing papers. Products are marketed under well-known brands such as Classic, Environment, Crane, Sundance, Kimdura, Gessner, Jet-Pro SofStretch and varitess. Neenah Paper is headquartered in Alpharetta, Georgia and sells products in over 70 countries worldwide from manufacturing operations in the United States and Germany.
Source: Neenah.
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