Midwest Paper Group
IOP Fund III
Acquisition Date: | December 2019 |
Status: | Exited |
Headquarters: | Combined Locks, WI |
Exit Date: | February 2022 |
Acquirer: | McKinley Paper Company, a subsidiary of Bio Pappel S.A. de C.V. |
Description
The company manufactures and distributes various grades of paper including recycled containerboard (medium and linerboard) for corrugated packaging, recycled bag products, and white paper for book publishing and printing/writing applications.
Operating Thesis
Provide support to existing management team
Create fundamental improvement in operating performance:
- Enhance production efficiency and capacity
- Optimize product and raw material mix
- Execute on growth opportunities in existing and new markets