The Watermill Group Acquires Environmental Paper Producer Manistique Papers
Together, Manistique and FutureMark will collaborate to grow the market for recycled paper, share best practices, achieve operational efficiencies and further reduce the environmental impact of their production processes. Both organizations are expected to realize economies of scale by combining raw materials sourcing, deinking technology, freight and logistics. Customers of Manistique and FutureMark will gain convenient access to a much broader range of recycled paper products.
The Watermill Group is a strategy-driven private investment firm that revitalizes companies to drive superior returns. For over three decades, Watermill has been acquiring, operating and improving companies. Watermill looks for businesses at a crossroads and applies a unique combination of strategic insight and management expertise to drive growth. The Watermill Group’s other current portfolio companies include C&M Corp. and MultiLayer Coating Technologies.