Fibermark completes
two acquisitions Founded in 1959, Permalin is a worldwide supplier of specialty papers, cloths, and leather. Permalin has more than 30 product lines that serve the book publishing, packaging, hospitality, and tag and label markets. Its products can be found in items from hardcover books, photo albums, cosmetic packaging, and desk accessories to game boards. Permafiber Corp., which dates to 1948, provides wet strength products to the laundry tag and dry cleaning markets. Permafiber products are also used for hunting and fishing licenses, parking tickets, lumber and nursery tags, ski-lift tickets and meat and poultry tags. “We welcome Permalin and Permafiber to the FiberMark family of companies and brands,” said Anthony MacLaurin, president and chief executive office of FiberMark. “We believe that the distinctive offerings that they provide to their customers will continue to provide added value to the markets that they serve. It is FiberMark’s intention to continue the tradition of excellent service that the Shapiro family began when the companies were founded nearly 60 years ago.” Neither company publishes financial information, however, the Permalin and Permafiber acquisitions will grow the FiberMark family of brands by 10 percent and are a key part of FiberMark’s overall growth strategy. About Fibermark |
