M&A Deal Summary

Hoffmaster Group Acquires Paterson Paper

On February 27, 2023, Hoffmaster Group acquired forest products company Paterson Paper

Acquisition Highlights
  • This is Hoffmaster Group’s 1st transaction in the Forest Products sector.
  • This is Hoffmaster Group’s 5th transaction in the United States.
  • This is Hoffmaster Group’s 1st transaction in Nevada.

M&A Deal Summary
Date 2023-02-27
Target Paterson Paper
Sector Forest Products
Buyer(s) Hoffmaster Group
Deal Type Add-on Acquisition

Target

Paterson Paper

Sparks, Nevada, United States
website
Paterson Paper is a producer of foodservice paper and parchment products. Paterson Paper's products include printed and plain napkins, placemats, coasters, roll stock, baking cups and baking sheets. Paterson Paper was founded in 1923 and is based in Sparks, Nevada.

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Buyer(S) 1

Buyer

Hoffmaster Group

Oshkosh, Wisconsin, United States

website

Category Company
Founded 1947
Sector Consumer Products
DESCRIPTION

Hoffmaster Group is a designer, manufacturer and supplier of decorated, premium disposable tableware (including napkins, plates, tablecovers and placemats) sold to major consumer retail and foodservice customers. The Company is highly regarded for its design and manufacturing capabilities, providing the Company with unique growth opportunities as retailers expand their seasonal and party/life celebration planograms, and as national restaurant and hospitality chains increasingly realize the branding and cost-in-use benefits of premium disposable tableware products. Hoffmaster Group was founded in 1947 and is based in Oshkosh, Wisconsin.

DEAL STATS #
Overall 5 of 5
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Nevada) 1 of 1
Country (United States) 5 of 5
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-06 Aardvark Straws

Fort Wayne, Indiana, United States

Aardvark Straws is manufacture of printed paper and white straws which are compostable and biodegradable. Aardvark Straws is based in Fort Wayne, Indiana.

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