NewPage Wisconsin System Inc., an indirect, wholly-owned subsidiary of NewPage Corporation, and AIM Demolition USA LLC jointly announced today that they have entered into an Asset Purchase Agreement for AIM Demolition USA LLC's purchase of the NewPage Kimberly, Wisconsin facility from NewPage Wisconsin System Inc.
The transaction is expected to close this month. AIM Demolition USA LLC is currently exploring various avenues regarding the potential future of the site.
Sanabe & Associates, LLC, acted as financial advisor to NewPage in the transaction.