Posted in: Packaging Technology 02/19/2015 - 02:03
ATLANTA , Feb. 19, 2015 (CNW) -Caraustar Industries, Inc., a portfolio company of H.I.G. Middle Market , the dedicated middle market investment affiliate of H.I.G. Capital, has completed the acquisition of The Newark Group, Inc.
The Newark Group is a manufacturer of recycled paperboard, linerboard, industrial tubes, cores and other converted products including book covers and packaging solutions. Headquartered in Cranford, NJ , The Newark Group has approximately 1,500 employees and operates more than 20 manufacturing facilities across North America .