# Bio PAPPEL's McKinley acquires Midwest Paper Group containerboard producer in Wisconsin

McKinley Paper Company, a subsidiary of Bio PAPPEL, is acquiring 100% of Midwest Paper Group, a Wisconsin containerboard producer with 500 thousand tons annual capacity, from investment fund IOP.

- Type: Acquisition
- Announced: 2022-02-01
- Where: Wisconsin, United States
- Jobs: 320
- Status: announced
- Capacity: 500 thousand tons annually
- Products: containerboard
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Midwest Paper Group](https://endata.com/companies/3686.md) (target)
- [Bio Pappel](https://endata.com/companies/4879.md) (acquirer)
- [Bio Pappel](https://endata.com/companies/4879.md) (investor)
- [Bio Pappel](https://endata.com/companies/4879.md) (partner)
- [McKinley Paper Company](https://endata.com/companies/5232.md) (acquirer)
- [IOP](https://endata.com/companies/8899.md) (partner)

## Sources

- [midlandco.com](https://www.midlandco.com/bio-pappel-mckinley-acquires-midwest-paper-group/), 2022-02-07: "The acquisition of Midwest Paper Group, a large independent containerboard producer located in Wisconsin with a production capacity of 500 thousand tons annually."
- [lesprom.com](https://www.lesprom.com/en/news/Bio-Pappel-McKinley_acquires_Midwest_Paper_Group_102401/), 2022-02-11: "The acquisition of Midwest Paper Group, a large independent containerboard producer located in Wisconsin with a production capacity of 500 thousand tons annually."
- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/midwest-paper-group-is-acquired/), 2022-02-22: "Midwest Paper Group Holdings Inc has been sold to McKinley Paper Co, a subsidiary of the Mexico-based Bio Pappel SA de CV."
- [thetargetreport.com](https://www.thetargetreport.com/2022/03/), 2022-03-07: "Conversion to Brown Paper McKinley Paper Company, a subsidiary of Mexico-based paper producer Bio Pappel, acquired Midwest Paper Group located in Combined Locks, Wisconsin."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.