Twin Rivers Paper Company Limited will acquire the paper manufacturing assets of the Burrows Paper Corporation, headquartered in New York. Terms of the transaction were not disclosed.
The transaction is expected to close during the 4Q 2016. It will expand Twin Rivers’ geographic footprint and product offerings while strengthening its ability to serve a wide array of customers in the lightweight publishing, packaging, label and other technical specialty sectors. Four specialty paper machines, located at Burrows’ facilities in New York and Mississippi, will be added to Twin Rivers as a result of the acquisition.
Burrows Paper Corporation is a long-time family-owned company that operates four paper mills and six packaging converting facilities in the U.S. and abroad.