Wynnchurch invests in Nekoosa Coated Products
Appvion, a Wynnchurch Capital portfolio company, has invested in Nekoosa Coated Products, one of the leading providers of specialty engineered materials for the graphics and commercial print markets in North America and Europe.
Laurie Andriate, CEO of Appvion, said: 'We are bringing together two great companies with complementary businesses and capabilities to accelerate growth and create additional value for our customers. I’m excited to welcome the Nekoosa team to Appvion.'
'I’m excited for our teams as we move forward and write a new chapter together,' added Paul Charapata, CEO of Nekoosa. 'We know each other well and will build upon our long history to proudly produce innovative products that help all our stakeholders succeed.'
Greg Gleason, managing partner at Wynnchurch, concluded: 'We are excited to add Nekoosa to the platform as we create an engineered coating specialist with market leading products, scale and diversification across customers and end-markets. We look forward to supporting management’s growth plans as we continue to expand the platform.'
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