# Glatfelter completes acquisition of GP's nonwovens business

Glatfelter Corporation completed the acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million. The transaction includes an airlaid manufacturing operation in Mount Holly, NC and a nonwovens product development operation in Memphis, Tenn.

- Type: Acquisition
- Announced: 2021-05-17
- Where: Mount Holly, NC; Memphis, Tenn., United States
- Value: $175.0M
- Status: completed
- Products: nonwovens, airlaid
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

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

## Sources

- [midlandco.com](https://www.midlandco.com/gps-sale-of-nonwovens-business-to-glatfelter-finalized/), 2021-05-17: "Glatfelter Corporation today announced it has completed the previously announced acquisition of Georgia-Pacific’s U.S. nonwovens business for $175 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.