Wynnchurch Capital Acquires Appvion’s Thermal Coating Business

Wynnchurch Capital announced that it has acquired the thermal coating business assets of Appvion Holding Corp. and its subsidiaries (“Appvion” or the “Company”). Founded in 1907 and headquartered in Appleton, Wisconsin, Appvion is a leading provider of specialty and high-performance direct thermal coatings for label and film solutions as well as renewable, fiber-based consumer and industrial packaging solutions.

“Since our inception, we have built strong and long-lasting relationships with our customers by offering premium and innovative products, technical expertise and unparalleled service. Wynnchurch shares our values of safety, integrity, honesty and putting the customers first to deliver value. We are excited to partner with them to pursue our next phase of growth,” said George Wurtz, CEO of Appvion.

Greg Gleason, Managing Partner at Wynnchurch, said, “Appvion is the market leader in direct thermal coatings in North America because of its commitment to technology and product innovation for its customers. We’ve been impressed with the people and culture at Appvion and look forward to partnering with them to make significant investments to drive growth.”