PE-backed Twin Rivers to acquire Burrows' paper assets

Twin Rivers Paper Co Ltd has agreed to acquire paper manufacturing assets of Little Falls, New York-based Burrows Paper Corp. No financial terms were disclosed for the deal, which is expected to close in Q4 2016. Twin Rivers, which has operations in Maine and New Brunswick, said the deal will expand its geographic footprint and product offerings, and strengthen its ability to serve customers in the lightweight packaging, publishing and label sectors. Twin Rivers was bought by Blue Wolf Capital Partners and Atlas Holdings from Brookfield Asset Management in 2013.

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