FiberMark Acquires Crocker Technical Papers
Crocker Technical Papers manufactures custom engineered papers and board.
July 29, 2014 - FiberMark yesterday said that it has acquired the assets of Crocker Technical Papers. Crocker operates a paper mill in Fitchburg, Massachusetts.
Terms of the deal were not disclosed.
Founded in 1972, Crocker provides custom engineered multi-layered papers and boards designed and tailored to meet specific customer-specified performance criteria.
According to FiberMark, Crocker will become a part of its technical specialties and performance boards business in which FiberMark will adopt the Crocker brand name. FiberMark will continue to serve the industrial markets with electrical insulation specialties, archival quality paper and boards, photographic packaging, specialty coating base and other industrial specialties.
Larry Gelsomini, the President and CEO of Crocker Technical Papers, will join FiberMark as General Manager of the Fitchburg plant.
"The Crocker Technical mill is a terrific addition to the FiberMark family," said Anthony MacLaurin, CEO at FiberMark. "Crocker dramatically broadens our capabilities and product offerings enabling us to deliver added value to our customers. The Crocker acquisition will grow the FiberMark family of brands and is a key part of FiberMark’s overall growth strategy."
FiberMark expects to close the deal in August.
FiberMark, based in West Springfield, Massachusetts, is a fully integrated manufacturer and global marketer of paperboards, fiber-based specialty covering materials and print media. To learn more, please visit: www.fibermark.com.