Legacy Converting, a Bordentown-based cleaning and wiping company, was acquired by Essity, a global hygiene and health company, according to Parsippany-based Sax Capital Advisors, which served as exclusive strategic and financial adviser to Legacy Converting.
Founded in 2004, Legacy manufactures rolled and folded wipes in a variety of formats, including pop-up canister, bucket and resealable packs. It is the manufacturer of the best-in-class, EPA-regulated Everwipe brand of disinfecting and wiping products. The company services customers in the public interest, commercial and health care market segments via the industrial and office supply sales channels.
The acquisition will strengthen the Tork product portfolio and will provide significant benefits to Essity’s North American customers. With an expanded professional hygiene offering and a more profound surface cleaning and disinfecting expertise, it will be easier to fulfill customers’ sustainable hygiene needs through one partner.
“Legacy has worked hard to build a world-class manufacturing operation, team and brand from the ground up,” said Dr. Jason Slosberg, co-founder and vice president of operations at Legacy Converting. “Joining forces with Essity allows us to continue to execute on our mission on a global scale. Essity is truly a world-class organization; we couldn’t be more excited to be aligning with them to deliver amazing products and customer experiences to our partners.”
“We have developed Everwipe into a highly respected brand in North America and we are proud to join with Essity, maker of the global leading Tork brand, to extend our reach and value to customers,” added Darren Slosberg, co-founder and VP of sales at Legacy Converting.