Neenah to Buy Fox River

Neenah Paper signed a definitive agreement to purchase the Fox Valley Corp., owner of Fox River Paper, a leading U.S. producer of premium fine papers. Its brands include STARWHITE, SUNDANCE, ESSE, and OXFORD.

“The purchase of Fox River provides a unique opportunity to strengthen our existing Fine Paper business with added scale in the marketplace, better prospects for growth, and the ability to offer a broader array of premium branded products and better service to our customers,” said Sean Erwin, Chief Executive Officer and Chairman of the Board. “We also expect to be able to create real value as we optimize our combined operations and product portfolio. Additional details will be shared after the transaction is closed and as we move forward with integration activities.”