Monday, June 10, 2013

Atlas Holdings/Blue Wolf Acquire Twin Rivers

http://www.paperage.com/2013news/06_10_2013twin_rivers_paper_acquisition.html 
Atlas Holdings and Blue Wolf Capital Partners have completed the acquisition of controlling interest in Twin Rivers Paper Company. In addition, a new board of directors has been formed.
Twin Rivers, with facilities in Edmundston and Plaster Rock, New Brunswick, and Madawaska, Maine, produces specialty papers and lumber for a variety of markets.
Adam Blumenthal, Managing Partner of Blue Wolf, Tim Fazio, Managing Partner of Atlas Holdings, and new Twin Rivers’ Chief Executive Officer, Tim Lowe, join existing board members. Joining Lowe on the new executive team for Twin Rivers are Wayne Gosse, Chief Financial Officer, Jean-Pierre Grenon, Vice President Forestry and Sawmill Operations, and Adam Levy, Chief Restructuring Officer.