◂ Announcements

Feb 18, 2020ACQUISITIONMilwaukee, Wisconsin area, United States

SWM to acquire Tekra and Trient for $155M

SWM (Schweitzer-Mauduit International) signed a definitive agreement to acquire Tekra, LLC and Trient, LLC, converters of high-performance films, for $155 million in cash. The transaction is expected to close before March 31, 2020.

Value

$155.0M

Status

Announced

Productshigh-performance filmssubstrates

CompaniesSchweitzer-Mauduit International acquirer Tekra target Trient target

Sectors#Specialty Chemicals #Packaging

“SWM today announced the signing of a definitive agreement to acquire Tekra, LLC and Trient, LLC, converters of high-performance films and substrates, significantly enhancing the Company’s films capabilities.”globenewswire.com

1 source
globenewswire.comSWM ANNOUNCES AGREEMENT TO ACQUIRE TEKRA, LLC AND TRIENT,Schweitzer-Mauduit International, Inc.Feb 18, 2020

Summarized from public sources; check the original articles before acting on it.

More from Schweitzer-Mauduit International

profile ▸

Loading…