According to H.I.G., Fox River Fiber’s state of the art facility in De Pere, WI (located south of Green Bay) is the most advanced in the industry and its automated proprietary processes and computerized monitoring system allow for the manufacture of the highest quality de-inked recycled pulp for use in the production of writing paper, tissue paper, and FDA compliant products (www.foxriverfiber.com).
“Fox River Fiber is an industry leader with a long track record of producing superior quality de-inked recycled pulp with the highest level of environmental sustainability and efficiency. Fox River and Rolland are highly complementary businesses and we are pleased to support the team in their growth and continued success,” said Ricky Stokes, Managing Director of H.I.G. Capital.
Rolland Enterprises was acquired by H.I.G. Capital in July 2014. The company, formerly known as the Fine Papers Group of Cascades, is a producer of specialty fine papers using recycled fibers. Rolland produces fine papers with up to 100% post-consumer waste fiber for multiple uses and security papers used in corporate documents, vital records, checks, passports and visas. The company supplies customers in North America, Latin America and Asia directly and through a network of merchants and distributors. Rolland, which was founded in 1882, maintains three facilities including a de-inking facility in Breakeyville, Quebec, and a paper mill and converting center and its headquarters in Saint-Jérôme, Quebec (www.rollandinc.com/en).
H.I.G. Capital specializes in providing capital to small and medium-sized companies and invests in management-led buyouts and recapitalizations of manufacturing or service businesses. H.I.G. has more than $17 billion of capital under management. The firm was founded in 1993 and is based in Miami with additional offices in Atlanta, Boston, Chicago, Dallas, New York, San Francisco, London, Hamburg, Madrid, Milan, Paris, and Rio de Janeiro (www.higcapital.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 3-17-15