ATLANTA—Koehler Paper Group, a global producer of specialty paper, announces the acquisition of Beaver Paper & Graphic Media Inc., a manufacturer of sublimation media to the dye-sublimation and digital print industry. The acquisition follows a 2016 transaction wherein Koehler Paper Group acquired a minority interest in Beaver Paper and simultaneously entered into a shareholder's agreement.
With a company history that spans more than 40 years, Beaver Paper's footprint in the sublimation media market covers more than 51 countries worldwide. The company operates distribution and direct sales from its Atlanta headquarters as well as distribution hubs in California, Germany, and the Netherlands. Beaver says the acquisition allows the company to expand its business platform, explore other markets, and "do what it does best—innovate and elevate the dye-sublimation industry for the future."
Based in Oberkirch, Germany, Koehler Paper Group brings more than 200 years of experience in the paper and energy markets to the agreement.
"This acquisition represents an amazing opportunity to pool the expertise of two global leaders in their sector of the paper industry," says Kai Furler, CEO of Koehler Paper Group. "With our combined knowledge base and industry reach we can help increase Beaver Paper's efforts to develop consistent, quality products creating a superior portfolio of sublimation media."
With the acquisition, Koehler names Tobias Sternbeck as CEO of Beaver Paper and Donald P. Burke as CFO to lead the Beaver Paper finance and accounting team. Koehler says that the original owners of Beaver will be aiding new management "to facilitate a seamless integration and ensure continued growth for both companies."
For more information, visit www.beaverpaper.com.