Milwaukee private equity company Mason Wells said Thursday it has sold its portfolio company Pacon Corp., an Appleton-based paper converter, in a transaction valued at $340 million.
The Mason Wells Buyout Fund III portfolio company closed June 7 on the sale of Pacon to Fabbrica Italiana Lapis ed Affini SpA. The Italian company, known as F.I.L.A. Group, is an international supplier of art materials and related products. Its brands include Daler-Rowney, Candon, Ticonderoga and Vinci.
