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January 6, 2023

On December 22, Willkie client Marcal Paper, a leading manufacturer of recycled and eco-friendly bath, towel and tissue products and portfolio company of Atlas Holdings, announced its acquisition of the business of von Drehle Corporation, a premier provider of quality towel and tissue products for the away-from-home market. 

Von Drehle Corporation is headquartered in Hickory, North Carolina, and its more than 500 associates operate production facilities throughout the southeast United States and in Las Vegas, Nevada. The combined company is expected to provide customers with a broad product range and enhanced scale, expanding Marcal's footprint to service customers all along the East Coast and across the country.

Willkie previously advised Atlas Holdings in numerous transactions, including its acquisitions of Crown Paper Group, LSC Communications, the Snacks Division of TreeHouse Foods and International Wire Group Holdings.

Atlas Holdings and its affiliates are a diversified group of 26 manufacturing and distribution businesses.

The Willkie team was led by partners Steven Seidman, Mark Cognetti and Laura Acker and included associates David Araoz and Megan Goss. 
 
Laura Acker
Laura H. Acker Partner Corporate & Financial Services
David Araoz
David Araoz Associate Corporate & Financial Services
Megan Goss
Megan Goss Associate Corporate & Financial Services