Neenah purchases premium business paper brands from Southworth
Neenah Paper has completed the purchase of certain premium business paper brands from the Southworth Company. These brands are sold largely to major retail customers including Staples, Office Depot, Office Max and Walmart. Annual sales from the acquired brands are approximately $20 million.
“As the market leader in premium papers this is a natural extension of our Fine Paper business,” says president fine paper Julie Schertell. “The addition of Southworth’s well regarded brands allows us to expand our presence in the retail channel and fits with our strategy to grow in profitable niches that value image and performance. We have been pleased with the reception from our customers and our team is excited to market these brands as part of Neenah’s portfolio.”