June 2, 2025 - Ahlstrom on May 28 announced the completion of its acquisition of Pixelle Specialty Solutions' paper mill in Stevens Point, Wisconsin.
Financial terms of the deal were not disclosed.
The Stevens Point mill, with two paper machines, has the capacity to produce about 210,000 tons per year of specialty paper, such as coated flexible packaging papers, release liner base, thermal papers, and other specialty labels.
The transaction was announced on April 3, 2025, and marks a major milestone in Ahlstrom's growth transformation.
"Stevens Point's superior technical expertise and top-class team are an exciting addition to Ahlstrom's technology portfolio and global manufacturing network," says Konraad Dullaert, Executive Vice President, Food & Consumer Packaging and Chief Innovation Officer, Ahlstrom. "This acquisition expands our market coverage and positions us to respond to the evolving needs of our customers in North America and beyond. We are pleased to welcome our new colleagues and look forward to working together to enhance our innovative, sustainable offerings."
Ahlstrom is a global leader in combining fibers into sustainable specialty materials.?Its three divisions include: Filtration and Life Sciences, Food and Consumer Packaging, and Protective Materials along with Performance Materials cluster.
SOURCE: Ahlstrom and Pixelle Specialty Solutions