MergerLinks Header Logo

Announced

Glatfelter to merge with the Health, Hygiene and Specialties business of Berry Global in a $3.6bn deal.

Synopsis

Glatfelter, a global manufacturer of engineered materials, agreed to merge with the Health, Hygiene and Specialties business of Berry Global, a global manufacturer and marketer of plastic packaging products, in a $3.6bn deal. "The uniting of our organizations creates a premier nonwovens supplier and a global leader in specialty materials, with the talent, technologies, scale, and footprint to deliver commercial and operational excellence, and a wide range of solutions for our customers. Our combined company is scaled to accelerate innovation and leverage our intellectual property over a large worldwide commercial platform and is well positioned to deliver substantial shareholder value," Thomas Fahnemann, Glatfelter President and CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US