April 6, 2021 By The Canadian Press
Pixelle Specialty Solutions has acquired two specialty papers businesses: Rollsource from Veritiv Corporation, and the carbonless rolls and security papers business from Appvion Operations.
The acquisition of Rollsource on Mar. 31 includes the book of business primarily serving the forms printer market, and includes a converting facility in Pittsburg, KS. Pixelle will retain certain Rollsource employees in order to ensure continuity in operations, sales and customer service.
The acquisition of Appvion’s carbonless rolls and security papers business on Apr.5 will enable Pixelle to serve new customers with Pixelle’s portfolio of ExcelOne and Trans/Rite carbonless papers and line of Defensa security products, the company says in a statement.
No production assets are included in the Appvion transaction. Pixelle will manufacture carbonless roll products for former Appvion customers at its Chillicothe, Ohio specialty paper mill.
Pixelle was formed in 2018 by Lindsay Goldberg, a private investment firm and operates four mills in the U.S. with a total of 11 paper machines. Production includes more than one million tons of paper annually.
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