# Glatfelter to acquire Georgia-Pacific European nonwovens business for $185M

Glatfelter signed a definitive agreement to buy Georgia-Pacific's European nonwovens business for $185 million, including the Steinfurt, Germany airlaid plant with 32,000 metric tons capacity.

- Type: Acquisition
- Announced: 2018-06-19
- Where: Steinfurt, Germany
- Value: $185.0M
- Status: announced
- Capacity: 32,000 metric tons
- Products: airlaid nonwovens, nonwoven materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Georgia-Pacific](https://endata.com/companies/1870.md) (partner)
- [Glatfelter](https://endata.com/companies/3467.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/06/19/1526312/0/en/glatfelter-to-acquire-georgia-pacific-s-european-nonwovens-business-for-185-million.html), 2018-06-19: "Glatfelter has signed a definitive agreement to purchase Georgia-Pacific's European nonwovens business for $185 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
