Nekoosa Coated Products, LLC announced recently the sale of the business to Wingate Partners, effective October 2, 2012.
Terms of the deal were not disclosed.
Wingate Partners, a Dallas, Texas based investment firm, partnered with Paul Charapata, John Danio and other leaders on the Nekoosa team to acquire the business from Dunsirn Partners, based in Appleton, Wisconsin.
Nekoosa Coated Products, which manufactures specialty paper products, will remain an independent company operating under the same name.
“This investment by Wingate Partners enables us to accelerate our growth as we strive to provide even more value added products and services for our customers through a shared vision of strategic partnerships, including acquisitions,” said Paul Charapata, CEO of Nekoosa Coated Products.
Headquartered in Nekoosa, Wisconsin, Nekoosa Coated Products is known for over 50 years of innovation in carbonless paper technology and more recently an expanding line of specialty products.
