Atlas Holdings, a group of manufacturing, distribution, service and trading businesses, has acquired Crown Paper Group, including Port Townsend Paper Corp. and Crown Corrugated Company, a mill and containerboard operation with a pacific northwest and western Canada presence.
Port Townsend Paper Corp. is a provider of recycled and virgin kraft containerboard, kraft pulp and other products in Port Townsend, Wash. The two converting facilities, known as Crown Packaging and Boxmaster, operate with customer reach and distribution capabilities throughout British Columbia and Alberta. Atlas has also appointed Randy Nebel as chairman of the Crown board of directors.
“Atlas has owned and operated businesses that have similar operations and footprints as Crown, including paper mills, packaging manufacturers and wood products leaders with operations in the U.S. and Canada,” comments Janet O’Neil, senior vice president at Atlas Holdings. “In each case, these companies have been strong economic engines in their local economies. As such, we bring a unique set of capabilities and relevant experience to our partnership with Randy and the Crown Team.”