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New Deal


Announced

Completed

Glatfelter completed the acquisition of the US nonwovens business of Georgia-Pacific for $175m.

Financials

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Transaction Value£128m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.8x
EV/EBITDA8.75x
Share Price Premium-
One Off Charge-

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nonwovens product development

Majority

Domestic

airlaid products

United States

Miscellaneous Consumer Staple Goods

Acquisition

Disposal

Single Bidder

Private

Completed

Synopsis

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Glatfelter, a global supplier of engineered materials, completed the acquisition of the US nonwovens business of Georgia-Pacific, an American pulp and paper company based in Atlanta, Georgia, for $175m. "By leveraging these assets and employee talents, we are confident the synergies from this acquisition will attractively position us to capture and service long-term demand for health and hygiene products. We believe today’s announcement further reinforces our ongoing commitment to make meaningful investments that add scale to the business and enhance Glatfelter’s value in the markets we serve,” Dante C. Parrini, Glatfelter Chairman & CEO.

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