Atlas Holdings LLC Acquires Certain Assets of North Pacific Group

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					Atlas Holdings LLC Acquires Certain Assets of
North Pacific Group
March 02, 2010 12:49 PM Eastern Time  

GREENWICH, Conn.--(EON: Enhanced Online News)--Atlas Holdings LLC announced today it has acquired
certain assets of North Pacific Group (“NPG”) related to NPG’s utility and construction, food and agriculture, and
hardwood and industrial products divisions. The acquired assets now operate under a new company name and
brand — Bridgewell™ Resources LLC. Terms of the transaction were not disclosed. 

Headquartered in Tigard, Oregon, Bridgewell Resources is a global wholesale distributor and trading company
serving retailers, manufacturers and other customers with a wide range of value-added services and products in four
markets: wood products, food products, agricultural products and utility and construction products.

“Atlas Holdings is pleased to announce the formation of Bridgewell Resources LLC and the purchase of certain
assets of North Pacific Group,” stated Atlas Holdings Chairman Andrew Bursky. “Bridgewell fits well with our core
investment strategy of investing in businesses that are critical to the markets they serve, providing significant capability
and expertise. The Bridgewell employees have unparalleled experience in their industries and are a welcome addition
to the Atlas family. We are excited about this acquisition and eager to grow this new business alongside our
experienced Bridgewell associates, valued suppliers and customers.” 

Bursky indicated Bridgewell has hired more than 100 former North Pacific associates, who possess decades of
knowledge and experience in their markets. As a part of the growing family of Atlas companies, he says Bridgewell
is well capitalized, strong in all aspects of its operations, and better able to meet customer needs.

Atlas’ operations in the United States, Canada, and Europe encompass more than 40 facilities and 3,300
employees. Its businesses are engaged in a broad spectrum of industries, including building materials and wood
products, pulp and paper manufacturing, packaging, capital equipment, and industrial services. Atlas specializes in
the purchase of middle-market companies in distress or facing complex financial, labor, or environmental issues,
including bankruptcy reorganizations, restructurings, and challenging corporate divestitures. It also works effectively
with corporate owners to purchase discontinued and “carve-out” operations.

For more information about Bridgewell Resources, please visit the company’s new Web site at
www.bridgewellresources.com.

For more information about Atlas Holdings, please visit www.atlasholdingsllc.com.

Bridgewell is a trademark of Bridgewell Resources LLC.

Contacts
Atlas Holdings LLC
Dan Cromie, 203-622-9138
dcromie@atlasholdingsllc.com
or
Bridgewell Resources LLC
Kyle Burdick, 503-381-8434
kburdick@bridgewellresources.com
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