Pixelle Specialty Solutions has strengthened its market position by acquiring the specialty paper business Rollsource from Veritiv Corporation and the carbonless rolls and security papers business from Appvion Operations Inc.

Target Company Information

Pixelle Specialty Solutions LLC, a leader in specialty paper production, has recently completed two strategic acquisitions aimed at expanding its offerings and enhancing service for both new and existing customers. The first acquisition, finalized on March 31st, involved the purchase of Rollsource, a specialty paper business previously owned by Veritiv Corporation. This acquisition includes a book of business primarily focused on serving the forms printer market along with a converting facility located in Pittsburg, Kansas. To maintain operational continuity and customer service post-acquisition, Pixelle plans to retain key personnel from Rollsource.

The second acquisition, completed on April 5th, involves the purchase of the carbonless rolls and security papers segment from Appvion Operations Inc. This deal allows Pixelle to offer its well-known ExcelOne® and Trans/Rite® carbonless paper products, as well as its extensive Defensa® security product line, to a broader customer base. While no production assets were included in this acquisition, Pixelle will leverage its existing specialty paper mill in Chillicothe, Ohio, to manufacture carbonless roll products for former Appvion customers, building on its decades of expertise in carbonless product production.

Industry Overview in the United States

The specialty paper industry in the United States has shown resilience and adaptability in recent years, driven by evolving customer demands and advancements in paper technology. As businesses increasingly seek solutions tailored to specific