New York, NY, February 22, 2021 - LeBaronBrown Industries II LLC ("LeBaronBrown") announced today that it closed its acquisition of a majority interest in the NPS Towel & Tissue Division of NPT Holdings Inc., a leading towel & tissue and specialty packaging converter based in Green Bay, WI. Terms of the transaction were not disclosed.
About NPS Holdings LLC
NPS Holdings LLC is a leading towel & tissue and specialty packaging converter headquartered in Green Bay, WI with additional operations in Cudahy, WI and Lenoir, NC. Founded in 1996, the NPS Towel and Tissue business is approaching 25 years of successful growth. The Company's brands include Merfin®, ReddiNapTM, ReactTM, Versa-Pak®, Response®, RetainTM, and CelticTM.
About LeBaronBrown Industries
LeBaronBrown is a private firm whose objective is to create value by partnering with management teams to build and grow companies over the long term. LeBaronBrown's capital and resources are dedicated to supporting the growth of its companies, including by seeking complementary acquisitions.
LeBaronBrown Industries II LLC
400 Park Avenue, 21st Floor
New York, NY 10022
www.lebaronbrown.com