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Cleanlink News 1/20/2012

National Tissue Announces Purchase of Merfin Systems


Mike Graverson, President of National Tissue Company LLC, announced the signing of a definitive agreement to acquire the assets and on-going business operations of Merfin Systems from its parent company, Buckeye Technologies, Inc.

National Tissue Company is a privately owned converter located in Cudahy, Wisconsin. National Tissue markets and sells its broad product line of away from home products primarily to distributors concentrated in the Midwest. Merfin Systems is located in King, North Carolina. It's proprietary and standard products are sold primarily to distributors concentrated in the eastern US and Canada.

Graverson has appointed Kristy Leonard, a five year Merfin Systems employee as the King location General Manager. Graverson said, "Merfin is an excellent fit and will complement National Tissue's core business. Merfin brings their proprietary dispensing systems and other product extensions to our basic offering. Adding a second and expandable operating location is a big step in our strategic roadmap."

Buckeye's Chairman and Chief Executive Officer John Crowe said, "We are pleased that our employees in King are now partnered with a strategic industry player. While not part of our core business profile, we have been pleased with our 15 year ownership of Merfin Systems. We believe this opens up new horizons for this fine company."

Kristy Leonard said, "We appreciate the support of Buckeye over the years. Our new relationship with National Tissue creates great opportunities for our business and our people. We are poised to bring value and growth to our combined businesses."

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