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Neenah Paper to Acquire Coldenhove Papier

Neenah will accelerate its push into the digital transfer business with this purchase, it says.

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Alpharetta, Georgia-based paper products manufacturer Neenah Paper announces it has signed an agreement to acquire the Netherlands-based Coldenhove Papier, a supplier of paper products including digital transfer used in dye-sub printing applications.

Coldenhove has annual sales of more than $45 million, according to its new parent company. The purchase price is expected to be approximately $45 million, subject to any final closing adjustments.

“This acquisition adds to our technical products portfolio with products, technologies and a customer base that nicely complement our existing digital transfer business, further accelerating our participation in profitable growing markets,” says John O’Donnell, Neenah’s CEO.

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Tony Kindelspire

Tony Kindelspire is the digital content editor for RV PRO magazine. He was the former digital content editor of Sign & Digital Graphics & WRAPS magazines.

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