Domtar Corporation announced the acquisition of Iconex Paper from Atlas Holdings. Iconex Paper converts thermal paper parent rolls into point-of-sale (POS) receipt rolls, serving customers in industries such as food service, retail, pharmacy and financial services from its five North American locations in Arizona, Kansas, Tennessee, Virginia and Mexico.
"Receipt products used by consumers every day – such as ATM, gas pump, food service and retail receipts – begin with thermal paper manufactured at Domtar's West Carrollton, Ohio, facility," says Steve Henry, Domtar's president of Paper and Packaging. "With this acquisition, we're well positioned to ensure customers experience the operational and supply chain excellence that comes from a fully integrated North American receipt paper business."
Mike Rapier, president of Iconex Paper, will continue to lead the business and report to Domtar's senior management.
Domtar is a leading, privately held manufacturer of diversified forest products.
