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Slide #61. Neenah Paper, Inc. — Premium Business Paper Brands From Southworth
Neenah Paper, Inc. (NYSE:NP)
Premium Business Paper Brands From Southworth
Neenah Paper, Inc. announced today that it has completed the purchase of certain premium business paper brands from the Southworth Company. These brands, including Southworth, the category leader, are sold largely to major retail customers such as Staples, Office Depot, Office Max and Walmart. Annual sales from the acquired brands are approximately $20 million.
Neenah is engaged in technical products business and fine paper and packaging business. Co.'s technical products business is a producer of fiber-formed, coated and/or saturated media that provides benefits to customers, such as filtration media for transportation, water and other filtration markets, and saturated and coated performance materials used for specialty tapes, abrasives, performance labels, digital transfer papers, and a variety of other end markets. Co.'s fine paper and packaging business manufactures and sells writing, text, cover and papers and envelopes used in commercial printing services, corporate identity packages and advertising collateral.
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Hold (2.00 out of 4)