Atlas Southeast Acquires Roses Southeast

 

Atlas Southeast Papers, Sanford, Fla., USA, an affiliate of Peak Rock Capital, Austin, Texas, USA, has acquired Roses Southeast Papers, Albuquerque, N.M. Atlas Southeast is an integrated producer of tissue paper, capable of producing both virgin and recycled grades. The company produces jumbo rolls for resale and also converts tissue paper into finished products. 

 

The acquired facility produces a complete line of tissue products, including bath tissue, towels, and cocktail, dinner, and dispenser napkins.

 

Anthony DiSimone, CEO of Peak Rock Capital, said that "we look forward to supporting Atlas Southeast and its employees in further establishing the company as a leading manufacturer and supplier of jumbo rolls and converted paper products. Atlas Southeast's purchase of the Roses Southeast manufacturing facility highlights Peak Rock's continued focus and differentiated ability to identify, acquire, and optimize strategic manufacturing assets.  We are excited to add this business to our growing portfolio of outstanding companies."

Peter Leibman, managing director of Peak Rock Capital, added that "Atlas Southeast's manufacturing expertise and overall commitment to excellence have allowed the company to produce a diverse set of product offerings that are highly in demand. We are excited to now own the Roses Southeast facility and to support the company's growth through organic initiatives, strategic partnerships, and potential add-on acquisitions. Today's announced acquisition further evidences our enthusiasm for the tissue paper manufacturing sector, a space which we know quite well through our 2013 investment in Atlas Paper Mills."