FiberMark Acquires Crocker Technical Papers
For Immediate Release
(West Springfield, MA – July 29, 2014) – FiberMark (www.fibermark.com), a global leader in manufacturing innovative paperboards, fiber-based specialty covering materials and print media for world-leading brands, and niche products for industrial and technical specialty applications is pleased to announce that it has acquired the assets of Crocker Technical Papers, based in Fitchburg, MA.
Founded in 1972, Crocker provides custom engineered multi-layered papers and boards, uniquely designed and tailored to meet specific customer-specified performance criteria. Its products can be found in items that protect priceless heirlooms and historical artifacts as well as being critical components of items that assist in reliable delivery of electrical energy to homes and industry.
Crocker will become a part of FiberMark’s technical specialties and performance boards business in which FiberMark will adopt the Crocker brand name. FiberMark will continue to serve the industrial markets with electrical insulation specialties, archival quality paper and boards, photographic packaging, specialty coating base and other industrial specialties. Larry Gelsomini, the President and CEO of Crocker Technical Papers, will join FiberMark as General Manager of the Fitchburg plant.
“The Crocker Technical mill is a terrific addition to the FiberMark family.” said Anthony MacLaurin, CEO at FiberMark. “Crocker dramatically broadens our capabilities and product offerings enabling us to deliver added value to our customers. The Crocker acquisition will grow the FiberMark family of brands and is a key part of FiberMark’s overall growth strategy.”
“Crocker Technical enjoys a select, diverse and imaginative set of customers who continue to entrust us with their requirements. FiberMark’s technical skills, and global marketing and sale’s channels, bodes well for the growth of Crocker’s technical products and its customers.” said Larry Gelsomini, the President of Crocker.The deal is expected to close in August.