U.S. Producer of Recycled Coated Paper Acquired by Private Equity Firm
“The management team at FutureMark Paper Company sees a very promising future in North America for environmental-grade paper,” said Steve Silver, FutureMark’s new chief executive officer. “Our existing customers can expect a seamless transition and count on FutureMark to provide the same high quality products and service for which Alsip is known. At the same time, we believe we can also attract the growing number of magazine, catalog and Sunday insert publishers who wish to use paper with a high percentage of recycled content – not just because it’s good for the environment, but because it’s also good for business. We’re looking forward to partnering with these companies to accelerate the market shift toward recycled magazine-grade papers.”
About The Watermill Group
For nearly three decades, The Watermill Group has been acquiring and improving companies. By providing the resources and expertise to drive strategic and operating change, Watermill helps companies reach their true potential as thriving businesses capable of supporting jobs and contributing to their local communities. Watermill partners have over 140 years of combined executive management experience with extensive expertise in a wide variety of industries. The firm focuses on investing in companies where there is the opportunity to enhance performance through strategic change, operating improvements, or balance sheet realignments.
About FutureMark Paper Company
FutureMark Paper Company is an environmental paper manufacturer that produces high-quality paper with an unmatched level of recycled content. As the only company in North America capable of manufacturing up to 100 percent recycled coated mechanical printing paper, FutureMark Paper is committed to helping its customers achieve their environmental objectives without compromising on paper quality or performance. By delivering the future standard for environmental-grade paper today, FutureMark Paper is aggressively growing its position as the preferred paper partner for North America’s sustainability leaders. For more information, please visit www.FutureMarkPaper.com.